Accounts filed on 30-04-2015


2014-05-012015-04-3004215049falsetruehttp://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2014-04-30http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2015-04-30http://www.companieshouse.gov.uk/cd:Director12014-05-012015-04-30http://www.companieshouse.gov.uk/pt:FixturesFittings2014-04-30http://www.companieshouse.gov.uk/pt:FixturesFittings2015-04-30http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2014-05-012015-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-05-012015-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-04-30http://www.companieshouse.gov.uk/pt:MotorCars2014-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-04-30http://www.companieshouse.gov.uk/pt:MotorCars2015-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-04-30http://www.companieshouse.gov.uk/pt:FixturesFittings2014-05-012015-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-05-012015-04-30http://www.companieshouse.gov.uk/pt:MotorCars2014-05-012015-04-30http://www.companieshouse.gov.uk/2013-05-012014-04-30http://www.companieshouse.gov.uk/2014-05-012015-04-30http://www.companieshouse.gov.uk/2014-04-30http://www.companieshouse.gov.uk/2015-04-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-05-012015-04-30http://www.companieshouse.gov.uk/2014-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04215049
ALDEBURGH CONTEMPORARY ARTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2015
Prepared By:
Gallaghers MK
Chartered Accountants
33a High Street
Stony Stratford
MK11 1AA

ALDEBURGH CONTEMPORARY ARTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 April 2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04215049

ALDEBURGH CONTEMPORARY ARTS LIMITED
Registered Number: 04215049
BALANCE SHEET AT 30 APRIL 2015
20152014
Notes££
FIXED ASSETS
Tangible assets256,96147,612
CURRENT ASSETS
Stock5,0005,000
Cash at bank and in hand31,11644,064
36,11649,064
CREDITORS: Amounts falling due within one year45,71347,312
NET CURRENT (LIABILITIES) / ASSETS(9,597)1,752
TOTAL ASSETS LESS CURRENT LIABILITIES47,36449,364
CAPITAL AND RESERVES
Called up share capital3100100
Profit and loss account47,26449,264
SHAREHOLDERS' FUNDS47,36449,364
For the year ending 30 April 2015 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 30 June 2015 and signed on their behalf by
A W Knibbs
Director

ALDEBURGH CONTEMPORARY ARTS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

ALDEBURGH CONTEMPORARY ARTS LIMITED
2. TANGIBLE FIXED ASSETS
Short LeaseholdFixtures
Propertiesand FittingsEquipmentMotor CarsTotal
£££££
Cost
At 1 May 201439,3831,75681421,61063,563
Additions---20,47020,470
Disposals---(21,610)(21,610)
At 30 April 201539,3831,75681420,47062,423
Depreciation
At 1 May 2014-43926915,24315,951
Disposals---(15,243)(15,243)
For the year-3291804,2454,754
At 30 April 2015-7684494,2455,462
Net Book Amounts
At 30 April 201539,38398836516,22556,961
At 30 April 201439,3831,3175456,36747,612
3. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100