Company Registration No. 08097539 (England and Wales)
BRITISH SCHOOLS IN THE MIDDLE EAST
A COMPANY LIMITED BY GUARANTEE
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2015
BRITISH SCHOOLS IN THE MIDDLE EAST
A COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
BRITISH SCHOOLS IN THE MIDDLE EAST
A COMPANY LIMITED BY GUARANTEE
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
31 August 2015
- 1 -
2015
2014
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
2
19,562
20,110
Current assets
Debtors
43,784
206,554
Cash at bank and in hand
527,491
520,172
571,275
726,726
Creditors: amounts falling due within one year
(100,514)
(225,895)
Net current assets
470,761
500,831
Total assets less current liabilities
490,323
520,941
Provisions for liabilities
(17,214)
-
473,109
520,941
Capital and reserves
Other reserves
381,519
381,519
Profit and loss account
91,590
139,422
Shareholders' funds
473,109
520,941
For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 31 May 2016
Mr E S J C Goodwin
Director
Company Registration No. 08097539
BRITISH SCHOOLS IN THE MIDDLE EAST
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable in respect of Members subscriptions and services supplied to members, associate members and non-members in the educational sector .in respect of Members subscriptions and services supplied to members, associate members and non-members in the educational sector.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
Straight line over 5 years
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2014
25,344
Additions
6,028
At 31 August 2015
31,372
Depreciation
At 1 September 2014
5,234
Charge for the year
6,576
At 31 August 2015
11,810
Net book value
At 31 August 2015
19,562
At 31 August 2014
20,110
2015-08-312014-09-01falsetruetruetruetruefalsetmpC141.html2016-05-31080975392014-09-012015-08-31080975392015-08-31080975392014-08-31080975392014-08-3108097539uk-bus:Director22014-09-012015-08-3108097539uk-gaap:ComputerEquipment2014-09-012015-08-31xbrli:purexbrli:sharesiso4217:GBP
