The Marlborough Area Development Trust - Accounts to registrar (filleted) - small 18.2
The Marlborough Area Development Trust - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2021 |
for |
The Marlborough Area Development Trust |
(Limited by Guarantee) |
The Marlborough Area Development Trust (Registered number: 04541920) |
(Limited by Guarantee) |
Contents of the Financial Statements |
for the Year Ended 31st March 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
The Marlborough Area Development Trust |
(Limited by Guarantee) |
Company Information |
for the Year Ended 31st March 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
130 High Street |
Marlborough |
Wiltshire |
SN8 1LZ |
The Marlborough Area Development Trust (Registered number: 04541920) |
(Limited by Guarantee) |
Balance Sheet |
31st March 2021 |
31.3.21 | 31.3.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Cash at bank |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
The directors acknowledge their 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
The Marlborough Area Development Trust (Registered number: 04541920) |
(Limited by Guarantee) |
Notes to the Financial Statements |
for the Year Ended 31st March 2021 |
1. | STATUTORY INFORMATION |
The Marlborough Area Development Trust is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents income derived from the activities of The Marlborough Area Development Trust. |
Tangible fixed assets |
Plant and machinery | - |
Computer equipment | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2020 - NIL). |
The Marlborough Area Development Trust (Registered number: 04541920) |
(Limited by Guarantee) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2021 |
4. | TANGIBLE FIXED ASSETS |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
COST |
At 1st April 2020 |
and 31st March 2021 |
DEPRECIATION |
At 1st April 2020 |
and 31st March 2021 |
NET BOOK VALUE |
At 31st March 2021 |
At 31st March 2020 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1st April 2020 |
and 31st March 2021 |
NET BOOK VALUE |
At 31st March 2021 |
At 31st March 2020 |
6. | INTANGIBLE INCOME |
Accountancy services are provided locally on a free of charge basis. |