Independent Street Arts Network - Limited company - abbreviated - 11.9
Independent Street Arts Network - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| FOR |
| INDEPENDENT STREET ARTS NETWORK |
| INDEPENDENT STREET ARTS NETWORK (REGISTERED NUMBER: 04316026) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| INDEPENDENT STREET ARTS NETWORK |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| INDEPENDENT STREET ARTS NETWORK (REGISTERED NUMBER: 04316026) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| RESERVES |
| Operating reserve |
| Income and expenditure account |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| INDEPENDENT STREET ARTS NETWORK (REGISTERED NUMBER: 04316026) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents income from outside events excluding value added tax, as well as grants and sponsorship income. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Office equipment | - |
| Grants |
| Grants receivable are recognised in the accounts when the conditions regarding their receipt have been complied with and |
| there is reasonable assurance that the grants will be received. Revenue grants are credited to the profit and loss account in the |
| year in which they are receivable. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | RELATED PARTY DISCLOSURES |
| A director (Executive) |
| At the start of the year H Cadwallader was a director of Independent Street Arts Network, during that time she paid expenses |
| on behalf of the company but at the balance sheet date nothing was due to or from H Cadwallader. |
| 2015 | 2014 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| 4. | ULTIMATE CONTROLLING PARTY |
| 5. | SHARE CAPITAL |
| The company is limited by guarantee and does not have share capital. |
| In the event of the company being wound up, each member has undertaken to contribute such amounts as may be required |
| not exceeding £1. |