People First Education Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06200986 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

PEOPLE FIRST EDUCATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr C E Thomson

A J Whitehouse

REGISTERED OFFICE:

Stonehouse

High Street

Fillingham

Gainsborough

Lincolnshire

DN21 5BS

REGISTERED NUMBER:

06200986 (England and Wales)

ACCOUNTANTS:

Russell Payne & Co Limited

Landmark House

1 Riseholme Road

Lincoln

Lincolnshire

LN1 3SN

FIXED ASSETS

Tangible assets

2

828

1,026

CURRENT ASSETS

Debtors

10,008

12,504

Cash at bank and in hand

5,927

203

15,935

12,707

CREDITORS

Amounts falling due within one year

15,897

9,031

NET CURRENT ASSETS

38

3,676

TOTAL ASSETS LESS CURRENT
LIABILITIES

866

4,702

PROVISIONS FOR LIABILITIES

165

205

NET ASSETS

701

4,497

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

601

4,397

SHAREHOLDERS' FUNDS

701

4,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 January 2017 and were signed on its behalf by:

A J Whitehouse - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

3,162

DEPRECIATION

At 1 May 2015

2,136

Charge for year

198

At 30 April 2016

2,334

NET BOOK VALUE

At 30 April 2016

828

At 30 April 2015

1,026

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100