Abbreviated Company Accounts - RISING TIDE TRUST

Registered Number 04232131

RISING TIDE TRUST

Abbreviated Accounts

31 March 2014

RISING TIDE TRUST Registered Number 04232131

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	15,299	22,949
		15,299	22,949
Current assets
Debtors		250	6,500
Cash at bank and in hand		802	10
		1,052	6,510
Creditors: amounts falling due within one year		(18,876)	(700)
Net current assets (liabilities)		(17,824)	5,810
Total assets less current liabilities		(2,525)	28,759
Total net assets (liabilities)		(2,525)	28,759
Reserves
Other reserves		(2,525)	28,759
Members' funds		(2,525)	28,759

For the year ending 31 March 2014 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 February 2015

And signed on their behalf by:
Natasha Landers, Director

RISING TIDE TRUST Registered Number 04232131

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
All incoming resources are included in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. Grants which have a restriction as to timing are recognised over the period for which they are given. The value of services provided by volunteers has not been included in the accounts.

Tangible assets depreciation policy
Tangible fixed assets costing more than £500 are capitalised. Their cost is written off evenly over their expected useful lives, currently estimated at 4 years.

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

3Tangible fixed assets

	£
Cost
At 1 April 2013	73,106
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	73,106
Depreciation
At 1 April 2013	50,157
Charge for the year	7,650
On disposals	-
At 31 March 2014	57,807
Net book values
At 31 March 2014	15,299
At 31 March 2013	22,949