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REGISTERED NUMBER: 06852145 (England and Wales)











Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

for

Lilac Sky Schools Ltd

Lilac Sky Schools Ltd (Registered number: 06852145)






Contents of the Abbreviated Accounts
for the year ended 31 August 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Lilac Sky Schools Ltd

Company Information
for the year ended 31 August 2015







DIRECTOR: T Averre-Beeson





REGISTERED OFFICE: Warden House
37 Manor Road
Colchester
Essex
CO3 3LX





REGISTERED NUMBER: 06852145 (England and Wales)





ACCOUNTANTS: Tile & Co
Warden House
37 Manor Road
Colchester
Essex
CO3 3LX

Lilac Sky Schools Ltd (Registered number: 06852145)

Abbreviated Balance Sheet
31 August 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 22,275 24,750
Tangible assets 3 67,419 101,009
89,694 125,759

CURRENT ASSETS
Debtors 458,028 303,080
Cash at bank 176,507 571,963
634,535 875,043
CREDITORS
Amounts falling due within one year 4 596,357 898,674
NET CURRENT ASSETS/(LIABILITIES) 38,178 (23,631 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,872

102,128

CREDITORS
Amounts falling due after more than one
year

4

-

6,506
NET ASSETS 127,872 95,622

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 127,772 95,522
SHAREHOLDERS' FUNDS 127,872 95,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Lilac Sky Schools Ltd (Registered number: 06852145)

Abbreviated Balance Sheet - continued
31 August 2015


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 17 March 2016 and were signed by:





T Averre-Beeson - Director


Lilac Sky Schools Ltd (Registered number: 06852145)

Notes to the Abbreviated Accounts
for the year ended 31 August 2015

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 April 2008).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

Intellectual property
Amortisation is provided at the following rates in order to write off each asset over its estimated useful life.

Original published material - 10% on cost

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc - 25% on cost and 20% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014
and 31 August 2015 24,750
AMORTISATION
Amortisation for year 2,475
At 31 August 2015 2,475
NET BOOK VALUE

At 31 August 2015 22,275
At 31 August 2014 24,750

Lilac Sky Schools Ltd (Registered number: 06852145)

Notes to the Abbreviated Accounts - continued
for the year ended 31 August 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014 141,150
Additions 567
At 31 August 2015 141,717
DEPRECIATION
At 1 September 2014 40,141
Charge for year 34,157
At 31 August 2015 74,298
NET BOOK VALUE
At 31 August 2015 67,419
At 31 August 2014 101,009

4. CREDITORS

Creditors include an amount of £ 6,506 (2014 - £ 24,449 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £76,500 (2014 - £200,430) were paid to the director .

At the year end the company was owed £150,740 by the director T Averre-Beeson (2014: £148,531). The loan is
unsecured, interest free and repayable on request.

The Lilac Sky Schools Trust

A company in which T Averre-Beeson and J Fielding are trustees.


During the year Lilac Sky Schools Limited provided services to The Lilac Sky Schools Trust for £34,635 (2014:
£410,231). In addition, The Lilac Sky Schools Trust recharged £179,521 (2014: £286,992) to Lilac Sky Schools
Limited for the provision of staff. These transactions were charged on an at cost basis.

2015 2014
£    £   
Amount due from related party at the balance sheet date 271,390 107,699

Lilac Sky Schools Ltd (Registered number: 06852145)

Notes to the Abbreviated Accounts - continued
for the year ended 31 August 2015

6. RELATED PARTY DISCLOSURES - continued

Lilac Sky Outstanding Education Services Limited

A company in which T Averre-Beeson is a shareholder.


During the year Lilac Sky Schools Limited provided services, on an arms length basis, to Lilac Sky Outstanding
Education Services Limited for £250,000.

2015 2014
£    £   
Amount due to related party at the balance sheet date 5,130 -

7. ULTIMATE CONTROLLING PARTY

The controlling party is T Averre-Beeson.