Abbreviated Company Accounts - LLANGEFNI SOCIAL ENTERPRISE

LLANGEFNI SOCIAL ENTERPRISE - Company Information

Registered Number 08456230

LLANGEFNI SOCIAL ENTERPRISE

Abbreviated Accounts

31 March 2015

LLANGEFNI SOCIAL ENTERPRISE Registered Number 08456230

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	5,606	4,663
		5,606	4,663
Current assets
Debtors		7,732	14,236
Cash at bank and in hand		13,623	2,126
		21,355	16,362
Net current assets (liabilities)		21,355	16,362
Total assets less current liabilities		26,961	21,025
Creditors: amounts falling due after more than one year		(4,192)	(5,731)
Accruals and deferred income		(552)	(528)
Total net assets (liabilities)		22,217	14,766
Reserves
Income and expenditure account		22,217	14,766
Members' funds		22,217	14,766

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 1 December 2015

And signed on their behalf by:
Ian Ault, Director
Berwyn Owen, Director

LLANGEFNI SOCIAL ENTERPRISE Registered Number 08456230

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
Turnover represents the grants and fees receivable during the period.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment 30%

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

3Tangible fixed assets

	£
Cost
At 1 April 2014	6,662
Additions	3,345
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	10,007
Depreciation
At 1 April 2014	1,999
Charge for the year	2,402
On disposals	-
At 31 March 2015	4,401
Net book values
At 31 March 2015	5,606
At 31 March 2014	4,663