CAVAT_THEATRE_ARTS - Accounts

CAVAT THEATRE ARTS - Company Information

Print Friendly Version

Company Registration No. 08195307 (England and Wales)

CAVAT THEATRE ARTS

A COMPANY LIMITED BY GUARANTEE

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2015

CAVAT THEATRE ARTS

A COMPANY LIMITED BY GUARANTEE

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CAVAT THEATRE ARTS

A COMPANY LIMITED BY GUARANTEE

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

385

534

Current assets

Debtors

1,570

2,230

Cash at bank and in hand

3,339

1,737

4,909

3,967

Creditors: amounts falling due within one year

(4,940)

(3,311)

Net current liabilities/(assets)

(31)

656

Total assets less current liabilities

354

1,190

Capital and reserves

Profit and loss account

354

1,190

Shareholders' funds

354

1,190

For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 25 May 2016

Ms C A V Aslett

Mrs J C Aslett

Director

Company Registration No. 08195307

CAVAT THEATRE ARTS

A COMPANY LIMITED BY GUARANTEE

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

straight line over 3 years

1.4

The Legal status of the company

The company is a company limited by guarantee. Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up. The total number of such guarantees at 31 August 2015 was 2.

1.5

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Fixed assets

Tangible assets

Cost

At 1 September 2014

1,602

Additions

578

At 31 August 2015

2,180

Depreciation

At 1 September 2014

1,068

Charge for the year

727

At 31 August 2015

1,795

Net book value

At 31 August 2015

385

At 31 August 2014

534