Abbreviated Company Accounts - THE IPSWICH DISABLED ADVICE BUREAU

THE IPSWICH DISABLED ADVICE BUREAU - Company Information

Registered Number 03174876

THE IPSWICH DISABLED ADVICE BUREAU

Abbreviated Accounts

31 March 2015

THE IPSWICH DISABLED ADVICE BUREAU Registered Number 03174876

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	4,220	9,489
		4,220	9,489
Current assets
Debtors		1,239	10,657
Cash at bank and in hand		42,823	15,469
		44,062	26,126
Creditors: amounts falling due within one year		(9,092)	(8,156)
Net current assets (liabilities)		34,970	17,970
Total assets less current liabilities		39,190	27,459
Accruals and deferred income		-	(1,975)
Total net assets (liabilities)		39,190	25,484
Reserves
Other reserves		31,518	29,516
Income and expenditure account		7,672	(4,032)
Members' funds		39,190	25,484

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 14 July 2015

And signed on their behalf by:
D Robinson, Director

THE IPSWICH DISABLED ADVICE BUREAU Registered Number 03174876

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 historic cost convention, except for investments which are included at market value, and in accordance with applicable United Kingdom standards, the Statement of Recommended Practice: "Accounting and Reporting by Charities" (SORP 2005) issued March 2005 and the Companies Act 2006, the Charities Act 2011 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
All incoming resources are included in the statement of financial activities when the charity is legally entitled to income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost.
No amounts are included in the financial statements for services donated by volunteers.
Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is expended in a future period.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment - 15% to 33% straight line
Wheelchairs - 15% straight line

Other accounting policies
Restricted funds
Funds restricted by the donor are treated as restricted. All other receipts are unrestricted funds. General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the objects of the charity and which have not been designated for other purposes.

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

3Tangible fixed assets

	£
Cost
At 1 April 2014	22,275
Additions	596
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	22,871
Depreciation
At 1 April 2014	12,786
Charge for the year	5,865
On disposals	-
At 31 March 2015	18,651
Net book values
At 31 March 2015	4,220
At 31 March 2014	9,489