Abbreviated Company Accounts - AIM-FOR ACHIEVEMENT IN MIND LTD
Abbreviated Company Accounts - AIM-FOR ACHIEVEMENT IN MIND LTD
Registered Number 08503811
AIM-FOR ACHIEVEMENT IN MIND LTD
Abbreviated Accounts
5 April 2016
AIM-FOR ACHIEVEMENT IN MIND LTD Registered Number 08503811
Abbreviated Balance Sheet as at 5 April 2016
Notes | 2016 | 2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Provisions for liabilities |
|
( |
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
For the year ending 5 April 2016 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
And signed on their behalf by:
AIM-FOR ACHIEVEMENT IN MIND LTD Registered Number 08503811
Notes to the Abbreviated Accounts for the period ended 5 April 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 33.33% straight line
Intangible assets amortisation policy
Website design - Over 5 years
Valuation information and policy
Other accounting policies
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
£ | |
---|---|
Cost | |
At 6 April 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 5 April 2016 |
|
Amortisation | |
At 6 April 2015 |
|
Charge for the year |
|
On disposals |
|
At 5 April 2016 |
|
Net book values | |
At 5 April 2016 | 17,427 |
At 5 April 2015 | 9,283 |
£ | |
---|---|
Cost | |
At 6 April 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 5 April 2016 |
|
Depreciation | |
At 6 April 2015 |
|
Charge for the year |
|
On disposals |
|
At 5 April 2016 |
|
Net book values | |
At 5 April 2016 | 709 |
At 5 April 2015 | 1,098 |