Abbreviated Company Accounts - MID PENNINE ARTS

Registered Number 07880356

MID PENNINE ARTS

Abbreviated Accounts

31 March 2015

MID PENNINE ARTS Registered Number 07880356

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	-	1,518
Investments		-	-
		-	1,518
Current assets
Stocks		6,639	3,151
Debtors		6,253	10,400
Investments		-	-
Cash at bank and in hand		32,955	62,854
		45,847	76,405
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(16,486)	(34,833)
Net current assets (liabilities)		29,361	41,572
Total assets less current liabilities		29,361	43,090
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)		29,361	43,090
Reserves
Revaluation reserve		0	0
Other reserves		29,361	43,090
Members' funds		29,361	43,090

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 17 September 2015

And signed on their behalf by:
A Macnae, Director
T Luddington, Director

MID PENNINE ARTS Registered Number 07880356

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

1Accounting Policies

Basis of measurement and preparation of accounts
The trustees (who are also the directors of Mid Pennine Arts for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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

3Tangible fixed assets

	£
Cost
At 1 April 2014	6,241
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2015	6,241
Depreciation
At 1 April 2014	4,723
Charge for the year	1,518
On disposals	0
At 31 March 2015	6,241
Net book values
At 31 March 2015	0
At 31 March 2014	1,518