Abbreviated Company Accounts - CLIFF COLLEGE OUTREACH

Abbreviated Company Accounts - CLIFF COLLEGE OUTREACH

CLIFF COLLEGE OUTREACH - Company Information

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Registered Number 02331438

CLIFF COLLEGE OUTREACH

Abbreviated Accounts

31 August 2015

CLIFF COLLEGE OUTREACH Registered Number 02331438

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Stocks - -
Debtors 19,111 21,806
Investments - -
Cash at bank and in hand 58,650 25,571
77,761 47,377
Prepayments and accrued income - -
Creditors: amounts falling due within one year (196,323) (222,054)
Net current assets (liabilities) (118,562) (174,677)
Total assets less current liabilities (118,562) (174,677)
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (118,562) (174,677)
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account (118,562) (174,677)
Members' funds (118,562) (174,677)
  • For the year ending 31 August 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 23 May 2016

And signed on their behalf by:
John Newton, Director

CLIFF COLLEGE OUTREACH Registered Number 02331438

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The company has made a profit for the year having made losses in recent years. The company will continue to be supported by its parent company, Cliff College, and the directors are encouraged that demand for its conferencing facilities is now growing. The company is able to offer more accommodation and this is helping to attract more customers. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover policy
Turnover represents amounts receivable for providing conferencing services net of VAT and trade discounts. Turnover represents the value of services provided under contract to the extent that there is a right to consideration and is recorded at the value of the consideration given

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible assets depreciation policy
None

Intangible assets amortisation policy
None

Valuation information and policy
None

Other accounting policies
The company is ultimately controlled by Cliff College, a registered charity.

Consolidated financial statements are prepared by the ultimate parent charity and are available from Cliff College, Calver, Hope Valley, Derbyshire, S32 3XG. The group headed up by Cliff College is the only group of which the company is a member for which group accounts are drawn up.

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