Abbreviated Company Accounts - AMAZING LEARNING LIMITED

AMAZING LEARNING LIMITED - Company Information

Registered Number 03980929

AMAZING LEARNING LIMITED

Abbreviated Accounts

30 September 2015

AMAZING LEARNING LIMITED Registered Number 03980929

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	4,700	14,100
		4,700	14,100
Current assets
Debtors		13,769	17,450
Cash at bank and in hand		-	732
		13,769	18,182
Creditors: amounts falling due within one year		(44,925)	(50,442)
Net current assets (liabilities)		(31,156)	(32,260)
Total assets less current liabilities		(26,456)	(18,160)
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(26,456)	(18,160)
Capital and reserves
Called up share capital		735	735
Share premium account		1,780,645	1,780,645
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(1,807,836)	(1,799,540)
Shareholders' funds		(26,456)	(18,160)

For the year ending 30 September 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2016

And signed on their behalf by:
Mr P Campbell, Director

AMAZING LEARNING LIMITED Registered Number 03980929

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
All turnover arises in respect of the company's principle activities and originates wholly in the UK represents amounts invoiced during the year, exclusive of VAT.

Intangible assets amortisation policy
Software is calculated at cost, net of amortisation and any provision for impairment. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that as follows:
Software 10% straight line

2Intangible fixed assets

	£
Cost
At 1 October 2014	70,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	70,500
Amortisation
At 1 October 2014	56,400
Charge for the year	9,400
On disposals	-
At 30 September 2015	65,800
Net book values
At 30 September 2015	4,700
At 30 September 2014	14,100