Abbreviated Company Accounts - HARMONY YOUTH PROJECT

HARMONY YOUTH PROJECT - Company Information

Registered Number 06054333

HARMONY YOUTH PROJECT

Abbreviated Accounts

30 June 2014

HARMONY YOUTH PROJECT Registered Number 06054333

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	4,865	6,464
Investments		-	-
		4,865	6,464
Current assets
Stocks		-	-
Debtors		-	-
Investments		-	-
Cash at bank and in hand		475	872
		475	872
Prepayments and accrued income		7,645	8,460
Creditors: amounts falling due within one year		(9,278)	(4,868)
Net current assets (liabilities)		(1,158)	4,464
Total assets less current liabilities		3,707	10,928
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		3,707	10,928
Reserves
Revaluation reserve		0	0
Other reserves		0	0
Income and expenditure account		3,707	10,928
Members' funds		3,707	10,928

For the year ending 30 June 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 29 April 2015

And signed on their behalf by:
Saleem Atcha, Director
Anthony Brett Pemberton, Director

HARMONY YOUTH PROJECT Registered Number 06054333

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2000) and the Charities Act 1993 as amended by Charities Act 2006.

Turnover policy
Turnover is funding and grants received and from project work carried out by the centre.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic life of that asset as follows:

Motor Vehicles 25% Straight Line Basis
Fixtures and fittings 20% Straight Line Basis
IT Equipment 33% Straight Line Basis

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

3Tangible fixed assets

	£
Cost
At 1 July 2013	41,391
Additions	2,362
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2014	43,753
Depreciation
At 1 July 2013	34,927
Charge for the year	3,961
On disposals	0
At 30 June 2014	38,888
Net book values
At 30 June 2014	4,865
At 30 June 2013	6,464

Depreciation is provided on a straight line basis at the following rates:

Fixtures & Fittings 20%
IT Equipment 33%
Motor Vehicles 25%