The Cornelius Arts Foundation Limited - Limited company - abbreviated - 11.9
The Cornelius Arts Foundation Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015 |
| FOR |
| THE CORNELIUS ARTS FOUNDATION LIMITED |
| PREVIOUSLY KNOWN AS |
| THE CORNELIUS FOUNDATION |
| THE CORNELIUS ARTS FOUNDATION LIMITED (REGISTERED NUMBER: 07631666) |
| PREVIOUSLY KNOWN AS THE CORNELIUS FOUNDATION |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| THE CORNELIUS ARTS FOUNDATION LIMITED |
| PREVIOUSLY KNOWN AS THE CORNELIUS FOUNDATION |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MAY 2015 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| THE CORNELIUS ARTS FOUNDATION LIMITED (REGISTERED NUMBER: 07631666) |
| PREVIOUSLY KNOWN AS THE CORNELIUS FOUNDATION |
| ABBREVIATED BALANCE SHEET |
| 31 MAY 2015 |
| 2015 | 2014 |
| as restated |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 2 |
| Current assets |
| Cash at bank |
| Creditors |
| Amounts falling due within one year |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Reserves |
| Income and expenditure account | ( |
) | ( |
) |
| Members' funds | ( |
) | ( |
) |
| 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 by: |
| THE CORNELIUS ARTS FOUNDATION LIMITED (REGISTERED NUMBER: 07631666) |
| PREVIOUSLY KNOWN AS THE CORNELIUS FOUNDATION |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 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 net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | Tangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 June 2014 |
| Additions |
| At 31 May 2015 |
| Depreciation |
| At 1 June 2014 |
| Charge for year |
| At 31 May 2015 |
| Net book value |
| At 31 May 2015 |
| At 31 May 2014 |
| 3. | Going concern |
| The directors consider the company to being a going concern and will continue to support the company for the |
| foreseeable future. |