TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED - Company Information

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TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Company limited by guarantee

Company Registration Number:
03184234 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 1 January 2021

End date: 31 December 2021

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Profit And Loss Account

for the Period Ended 31 December 2021

2021 2020


£
£
Turnover: 216 2,763
Gross profit(or loss): 216 2,763
Administrative expenses: ( 2,760 ) ( 2,768 )
Operating profit(or loss): (2,544) (5)
Interest receivable and similar income: 1 2
Profit(or loss) before tax: (2,543) (3)
Profit(or loss) for the financial year: (2,543) (3)

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Balance sheet

As at 31 December 2021

Notes 2021 2020


£
£
Fixed assets
Tangible assets: 3 12,949 9,921
Total fixed assets: 12,949 9,921
Current assets
Cash at bank and in hand: 6,845 12,417
Total current assets: 6,845 12,417
Net current assets (liabilities): 6,845 12,417
Total assets less current liabilities: 19,794 22,338
Total net assets (liabilities): 19,794 22,338
Members' funds
Profit and loss account: 19,794 22,338
Total members' funds: 19,794 22,338

The notes form part of these financial statements

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Balance sheet statements

For the year ending 31 December 2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 May 2022
and signed on behalf of the board by:

Name: Adrian Newson
Status: Director

The notes form part of these financial statements

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Intangible fixed assets amortisation policy

    Property deprecaited at 5 % or 10 % per annum straight line. Other equipment at 10 & straight line

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 0 0

TIVERTON AND DISTRICT MODEL ENGINEERING SOCIETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2021 1,986 4,150 12,435 483 19,054
Additions 3,958 3,958
Disposals
Revaluations
Transfers
At 31 December 2021 1,986 4,150 16,393 483 23,012
Depreciation
At 1 January 2021 0 0 8,795 338 9,133
Charge for year 897 33 930
On disposals 0 0
Other adjustments
At 31 December 2021 0 0 9,692 371 10,063
Net book value
At 31 December 2021 1,986 4,150 6,701 112 12,949
At 31 December 2020 1,986 4,150 3,640 145 9,921