Registered Number 04652119

FORWARD SPECIALIST TRAINING & COUNSELLING LIMITED

Abbreviated Accounts

31 December 2012

FORWARD SPECIALIST TRAINING & COUNSELLING LIMITED Registered Number 04652119

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 - 1,000
Tangible assets 3 1,442 1,696
1,442 2,696
Current assets
Debtors 14,768 16,594
14,768 16,594
Creditors: amounts falling due within one year 4 (14,101) (15,402)
Net current assets (liabilities) 667 1,192
Total assets less current liabilities 2,109 3,888
Creditors: amounts falling due after more than one year 4 (15,250) (18,000)
Provisions for liabilities (288) (196)
Total net assets (liabilities) (13,429) (14,308)
Capital and reserves
Called up share capital 5 2 2
Profit and loss account (13,431) (14,310)
Shareholders' funds (13,429) (14,308)
  • For the year ending 31 December 2012 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 28 November 2013

And signed on their behalf by:
M E Williams, Director

FORWARD SPECIALIST TRAINING & COUNSELLING LIMITED Registered Number 04652119

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1Accounting Policies

Basis of measurement and preparation of accounts
a) Going concern

The Accounts have been prepared on the going concern basis. The company relies on the continued support of the directors and its bankers which the director confirms will continue to be made available for the forseeable future.

b) Basis of accounting

The financial statements are prepared on the historical cost basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1, from presenting a cash flow statement as it qualifies as a small company.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principle rates in use are:

Equipment, fixtures & fittings: 15% on reducing balance

2 Intangible fixed assets
£
Cost
At 1 January 2012 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2012 10,000
Amortisation
At 1 January 2012 9,000
Charge for the year 1,000
On disposals -
At 31 December 2012 10,000
Net book values
At 31 December 2012 0
At 31 December 2011 1,000
3 Tangible fixed assets
£
Cost
At 1 January 2012 4,734
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2012 4,734
Depreciation
At 1 January 2012 3,038
Charge for the year 254
On disposals -
At 31 December 2012 3,292
Net book values
At 31 December 2012 1,442
At 31 December 2011 1,696
4 Creditors
2012
£
2011
£
Secured Debts 15,250 18,000
5 Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
1 A Ordinary share of £1 each 1 1
1 B Ordinary shares of £1 each 1 1

6Transactions with directors

Name of director receiving advance or credit: M E Williams
Description of the transaction: Advances and credits to directors
Balance at 1 January 2012: £ 10,914
Advances or credits made: £ 4,605
Advances or credits repaid: £ 4,421
Balance at 31 December 2012: £ 11,098


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