Abbreviated Company Accounts - KINGSGATE WORKSHOPS TRUST

Abbreviated Company Accounts - KINGSGATE WORKSHOPS TRUST

KINGSGATE WORKSHOPS TRUST - Company Information

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Registered Number 03487034

KINGSGATE WORKSHOPS TRUST

Abbreviated Accounts

31 December 2014

KINGSGATE WORKSHOPS TRUST Registered Number 03487034

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 529,376 543,194
529,376 543,194
Current assets
Debtors 4,030 11,057
Cash at bank and in hand 113,030 84,445
117,060 95,502
Creditors: amounts falling due within one year (79,167) (54,512)
Net current assets (liabilities) 37,893 40,990
Total assets less current liabilities 567,269 584,184
Creditors: amounts falling due after more than one year (367,907) (404,944)
Total net assets (liabilities) 199,362 179,240
Reserves
Income and expenditure account 199,362 179,240
Members' funds 199,362 179,240
  • For the year ending 31 December 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 30 September 2015

And signed on their behalf by:
T Walker, Director

KINGSGATE WORKSHOPS TRUST Registered Number 03487034

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and
in accordance with the Financial Reporting Standard for Smaller Entities and the
Charity SORP “Accounting and Reporting by Charities” March 2005 and the
Companies Act 2006.

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

3Tangible fixed assets
£
Cost
At 1 January 2014 675,172
Additions 885
Disposals -
Revaluations -
Transfers -
At 31 December 2014 676,057
Depreciation
At 1 January 2014 131,978
Charge for the year 14,703
On disposals -
At 31 December 2014 146,681
Net book values
At 31 December 2014 529,376
At 31 December 2013 543,194