Abbreviated Company Accounts - WELSH INDEPENDENT SCHOOLS COUNCIL

WELSH INDEPENDENT SCHOOLS COUNCIL - Company Information

Registered Number 07435679

WELSH INDEPENDENT SCHOOLS COUNCIL

Abbreviated Accounts

31 August 2014

WELSH INDEPENDENT SCHOOLS COUNCIL Registered Number 07435679

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	59	200
		59	200
Current assets
Debtors		771	511
Cash at bank and in hand		31,864	48,922
		32,635	49,433
Creditors: amounts falling due within one year		(3,099)	(3,448)
Net current assets (liabilities)		29,536	45,985
Total assets less current liabilities		29,595	46,185
Total net assets (liabilities)		29,595	46,185
Reserves
Income and expenditure account		29,595	46,185
Members' funds		29,595	46,185

For the year ending 31 August 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 21 May 2015

And signed on their behalf by:
K W Underhill, Director
Dr A J England, Director

WELSH INDEPENDENT SCHOOLS COUNCIL Registered Number 07435679

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents subscriptions receivable from member schools. VAT is not applicable as the company is not registered for VAT purposes.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% straight line

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

3Tangible fixed assets

	£
Cost
At 1 September 2013	564
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	564
Depreciation
At 1 September 2013	364
Charge for the year	141
On disposals	-
At 31 August 2014	505
Net book values
At 31 August 2014	59
At 31 August 2013	200