Abbreviated Company Accounts - ACTIVE BUSINESS LEARNING ENTERPRISE LIMITED

ACTIVE BUSINESS LEARNING ENTERPRISE LIMITED - Company Information

Registered Number 02789724

ACTIVE BUSINESS LEARNING ENTERPRISE LIMITED

Abbreviated Accounts

31 July 2016

ACTIVE BUSINESS LEARNING ENTERPRISE LIMITED Registered Number 02789724

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	3	1	1
		1	1
Current assets
Cash at bank and in hand		16	16
		16	16
Creditors: amounts falling due within one year		(300)	(300)
Net current assets (liabilities)		(284)	(284)
Total assets less current liabilities		(283)	(283)
Total net assets (liabilities)		(283)	(283)
Reserves
Income and expenditure account		(283)	(283)
Members' funds		(283)	(283)

For the year ending 31 July 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 26 April 2017

And signed on their behalf by:
E W ANG'AWA, Director

ACTIVE BUSINESS LEARNING ENTERPRISE LIMITED Registered Number 02789724

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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
The income shown in the income and expenditure account represents value of amounts receivable during the year from sponsorship, donations and projects.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any incidental costs of acquisition.

Other accounting policies
Financial Instruments – are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangements. Financial instruments which are assets are stated at cost less any provision for impairment. Financial liabilities are stated at principal capital accounts outstanding at the period end. Issue costs relating to financial liabilities are deducted from the outstanding balance and are amortised over the period to the due date for payment of the financial liability. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. A financial liability is any contractual arrangement doe an entity to deliver cash to the holder of the financial instrument.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Intangible fixed assets

	£
Cost
At 1 August 2015	1
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	1
Amortisation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	1
At 31 July 2015	1