Abbreviated Company Accounts - THE OXFORD MINDFULNESS FOUNDATION

THE OXFORD MINDFULNESS FOUNDATION - Company Information

Registered Number 06144314

THE OXFORD MINDFULNESS FOUNDATION

Abbreviated Accounts

31 March 2015

THE OXFORD MINDFULNESS FOUNDATION Registered Number 06144314

Abbreviated Balance Sheet as at 31 March 2015

	2015	2014
	£	£
Fixed assets
Intangible assets	-	-
Tangible assets	-	-
Investments	-	-
	-	-
Current assets
Stocks	-	-
Debtors	128,777	46,762
Investments	191,558	188,865
Cash at bank and in hand	335,275	284,350
	655,610	519,977
Creditors: amounts falling due within one year	(365,732)	(199,903)
Net current assets (liabilities)	289,878	320,074
Total assets less current liabilities	289,878	320,074
Creditors: amounts falling due after more than one year	0	0
Provisions for liabilities	0	0
Accruals and deferred income	0	0
Total net assets (liabilities)	289,878	320,074
Reserves
Revaluation reserve	0	0
Other reserves	0	0
Income and expenditure account	289,878	320,074
Members' funds	289,878	320,074

For the year ending 31 March 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 16 July 2015

And signed on their behalf by:
Dr Philip Wilkinson, Director

THE OXFORD MINDFULNESS FOUNDATION Registered Number 06144314

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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
Income comprises investment income, fees from teaching and training, and donations. Investment income and fees from teaching and training are accounted for when receivable. Donations and grants are only included in the accounts when the charity has unconditional entitlement to them.
in the accounts when the charity has unconditional entitlement to them.

Tangible assets depreciation policy
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows:

Computers and Office Equipment 25% Straight Line

Other accounting policies
Taxation
The charity is a chariatable institution with exemption from UK taxation under Chapter 3 of Part 11 of the CorporationTaxes Act 2010.
Resources Expended
All expenditure is accounted for on an accruals basis. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. Costs of generating funds comprises the costs associated with attracting voluntary income. Governance costs includes those costs associated with meeting the constitutional and statutory requirements of the charity. Central overhead costs are apportioned on the basis of estimated staff time attributed to each activity.
Fund Accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds are subject to restrictions on their expenditure imposed by the donor or grantor.

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