Abbreviated Company Accounts - HILLCREST COMMUNITY PARTNERSHIP

HILLCREST COMMUNITY PARTNERSHIP - Company Information

Registered Number 03491707

HILLCREST COMMUNITY PARTNERSHIP

Abbreviated Accounts

31 March 2015

HILLCREST COMMUNITY PARTNERSHIP Registered Number 03491707

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	445,798	533,932
		445,798	533,932
Current assets
Debtors	4	4,558	3,344
Cash at bank and in hand		178,286	108,593
		182,844	111,937
Creditors: amounts falling due within one year		(4,898)	(6,463)
Net current assets (liabilities)		177,946	105,474
Total assets less current liabilities		623,744	639,406
Total net assets (liabilities)		623,744	639,406
Reserves
Income and expenditure account		623,744	639,406
Members' funds		623,744	639,406

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 19 May 2015

And signed on their behalf by:
PM Lawrence, Director

HILLCREST COMMUNITY PARTNERSHIP Registered Number 03491707

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
Voluntary income including donations and grants are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold interest in land and buildings - 10% on reducing balance
Fixtures and fitting - 20% on reducing balance

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

3Tangible fixed assets

	£
Cost
At 1 April 2014	680,105
Additions	58,987
Disposals	(126,000)
Revaluations	-
Transfers	-
At 31 March 2015	613,092
Depreciation
At 1 April 2014	146,173
Charge for the year	21,121
On disposals	-
At 31 March 2015	167,294
Net book values
At 31 March 2015	445,798
At 31 March 2014	533,932

4Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	0	0

none