Abbreviated Company Accounts - CALSTOCK ARTS LIMITED

Abbreviated Company Accounts - CALSTOCK ARTS LIMITED

CALSTOCK ARTS LIMITED - Company Information

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Registered Number 06881587

CALSTOCK ARTS LIMITED

Abbreviated Accounts

30 April 2015

CALSTOCK ARTS LIMITED Registered Number 06881587

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 117,397 120,842
117,397 120,842
Current assets
Stocks 2,314 2,204
Debtors 4 2,844 8,276
Cash at bank and in hand 12,720 10,638
17,878 21,118
Creditors: amounts falling due within one year 5 (19,117) (12,213)
Net current assets (liabilities) (1,239) 8,905
Total assets less current liabilities 116,158 129,747
Creditors: amounts falling due after more than one year 5 (47,746) (59,315)
Provisions for liabilities (6,259) (6,948)
Accruals and deferred income (15,599) (18,352)
Total net assets (liabilities) 46,554 45,132
Reserves
Income and expenditure account 46,554 45,132
Members' funds 46,554 45,132
  • For the year ending 30 April 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 5 January 2016

And signed on their behalf by:
A. Couchman, Director
K. Gamm, Director

CALSTOCK ARTS LIMITED Registered Number 06881587

Notes to the Abbreviated Accounts for the period ended 30 April 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 amounts receivable for goods and services provided in the normal course of business.

Tangible assets depreciation policy
Depreciation of fixtures and fittings is provided on a reducing balance basis at 15% per annum in order to write off each asset over its estimated useful life.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value after making allowance for obsolete and slow moving items.

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

3Tangible fixed assets
£
Cost
At 1 May 2014 129,276
Additions 2,077
Disposals -
Revaluations -
Transfers -
At 30 April 2015 131,353
Depreciation
At 1 May 2014 8,434
Charge for the year 5,522
On disposals -
At 30 April 2015 13,956
Net book values
At 30 April 2015 117,397
At 30 April 2014 120,842
4Debtors
2015
£		 2014
£
Debtors include the following amounts due after more than one year 2,844 8,276
5Creditors
2015
£		 2014
£
Secured Debts 19,117 12,213
Instalment debts due after 5 years 47,746 59,315