Abbreviated Company Accounts - MCGILL UNIVERSITY TRUST

Abbreviated Company Accounts - MCGILL UNIVERSITY TRUST

MCGILL UNIVERSITY TRUST - Company Information

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Registered Number 03031537

MCGILL UNIVERSITY TRUST

Abbreviated Accounts

31 May 2015

MCGILL UNIVERSITY TRUST Registered Number 03031537

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Stocks - -
Debtors 7,938 46,069
Investments 90,058 90,324
Cash at bank and in hand 64,549 200,932
162,545 337,325
Prepayments and accrued income - -
Creditors: amounts falling due within one year (875) (850)
Net current assets (liabilities) 161,670 336,475
Total assets less current liabilities 161,670 336,475
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) 161,670 336,475
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 161,670 336,475
Members' funds 161,670 336,475
  • For the year ending 31 May 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 29 September 2015

And signed on their behalf by:
James Jonathan Nelson, Director

MCGILL UNIVERSITY TRUST Registered Number 03031537

Notes to the Abbreviated Accounts for the period ended 31 May 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
Receipts basis

Tangible assets depreciation policy
no tangible assets

Intangible assets amortisation policy
no intangible assets

Valuation information and policy
Valuation at balance sheet date

Other accounting policies
cash basis

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