Entheos Coaching Limited - Period Ending 2016-03-31

Registration number: 04653670

Entheos Coaching Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Entheos Coaching Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Entheos Coaching Limited
(Registration number: 04653670)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,185			1,134
Current assets
Debtors					42,843			66,867
Cash at bank and in hand					60,860			14,952
					103,703			81,819
Creditors: Amounts falling due within one year					(44,243)			(35,273)
Net current assets					59,460			46,546
Total assets less current liabilities					60,645			47,680
Provisions for liabilities					(237)			(227)
Net assets					60,408			47,453
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					60,308			47,353
Shareholders' funds					60,408			47,453

For the year ending 31 March 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 27 June 2016

Mr P Fox
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Entheos Coaching Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	15% Reducing balance
Computer Equipment	33% Reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

Entheos Coaching Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 April 2015		40,000			7,447			47,447
Additions		-			594			594
At 31 March 2016		40,000			8,041			48,041
Depreciation
At 1 April 2015		40,000			6,313			46,313
Charge for the year		-			543			543
At 31 March 2016		40,000			6,856			46,856
Net book value
At 31 March 2016		-			1,185			1,185
At 31 March 2015		-			1,134			1,134

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
Mr P Fox
Directors loan	65,555	65,555	-	-

Page 3