Buckland Community Association Ltd - Accounts to registrar (filleted) - small 18.2
Buckland Community Association Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2020 |
FOR |
BUCKLAND COMMUNITY ASSOCIATION TRADING |
COMPANY LTD |
BUCKLAND COMMUNITY ASSOCIATION TRADING |
COMPANY LTD (REGISTERED NUMBER: 03713699) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31st March 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BUCKLAND COMMUNITY ASSOCIATION TRADING |
COMPANY LTD |
COMPANY INFORMATION |
For The Year Ended 31st March 2020 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
76 Aldwick Road |
Bognor Regis |
West Sussex |
PO21 2PE |
BUCKLAND COMMUNITY ASSOCIATION TRADING |
COMPANY LTD (REGISTERED NUMBER: 03713699) |
BALANCE SHEET |
31st March 2020 |
31.3.20 | 31.3.19 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
BUCKLAND COMMUNITY ASSOCIATION TRADING |
COMPANY LTD (REGISTERED NUMBER: 03713699) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31st March 2020 |
1. | STATUTORY INFORMATION |
Buckland Community Association Trading Company Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents goods and services provided during the period. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for ullage. |
Non-profit making organisation |
The company is a non-profit making organisation. All profits made are payable to the Buckland Community Association. |
A liability is provided to Buckland Community Association for any accumulated profits due at the end of the year and these accumulated profits are recognised as a liability within other creditors and are included as an administrative expense in the profit and loss account. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.20 | 31.3.19 |
£ | £ |
Trade creditors |
Other creditors |
5. | RELATED PARTY DISCLOSURES |
The share capital of Buckland Community Association Trading Company Limited is held by five trustees on behalf of the Buckland Community Association, a registered charity, and by deed of covenant Buckland Community Association Trading Company Ltd is obligated to pay all its profits to the Buckland Community Association. |
Goods and services are also provided between the parties during the year including bar management expenses payable to the Buckland Community Association. |