Academy of Business & Retail Management - Abbreviated accounts 16.3

REGISTERED NUMBER: 05995280 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Academy of Business & Retail Management

Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs B R Chakraborty

SECRETARY:

Dr P R Datta

REGISTERED OFFICE:

183 Exeter Road

Harrow

Middlesex

HA2 9PG

REGISTERED NUMBER:

05995280 (England and Wales)

ACCOUNTANTS:

Amity Management Consulting Ltd

Chartered Certified Accountants

04 Whitchurch Parade

Whitchurch Lane

Edgware

Middlesex

HA8 6LR

FIXED ASSETS

Tangible assets

2

1,155

1,540

CURRENT ASSETS

Debtors

3

17,900

Cash at bank

1,667

1,440

19,567

19,340

CREDITORS

Amounts falling due within one year

23,647

31,322

NET CURRENT LIABILITIES

(4,080

)

(11,982

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,925

)

(10,442

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(3,925

)

(11,442

)

SHAREHOLDERS' FUNDS

(2,925

)

(10,442

)

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

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

The director acknowledges her 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 director on 21 July 2017 and were signed by:

Mrs B R Chakraborty - 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.

Computer equipment

-

25% on cost

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 December 2015

and 30 November 2016

2,642

DEPRECIATION

At 1 December 2015

1,102

Charge for year

385

At 30 November 2016

1,487

NET BOOK VALUE

At 30 November 2016

1,155

At 30 November 2015

1,540

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 17,900 (30.11.15 - £ 17,900 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1,000

ordinary

1

1,000