Social Research Centre Ltd - Abbreviated accounts 16.1

Social Research Centre Ltd - Abbreviated accounts 16.1

SOCIAL RESEARCH CENTRE LTD - Company Information

Print Friendly Version

NI069092 1.6.15 31.5.16 31.5.16 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureNI0690922015-05-31NI0690922016-05-31NI0690922015-06-012016-05-31NI0690922014-05-31NI0690922014-06-012015-05-31NI0690922015-05-31NI069092ns12:NorthernIreland2015-06-012016-05-31NI069092ns14:PoundSterling2015-06-012016-05-31NI069092ns7:Director12015-06-012016-05-31NI069092ns7:OrdinaryShareClass12015-06-012016-05-31NI069092ns7:CompanySecretary2015-06-012016-05-31NI069092ns7:RegisteredOffice2015-06-012016-05-31NI069092ns7:EntityAccountantsOrAuditors2015-06-012016-05-31NI069092ns5:FixturesFittings2015-06-012016-05-31NI069092ns7:OrdinaryShareClass12016-05-31NI069092ns7:OrdinaryShareClass12015-05-31
REGISTERED NUMBER: NI069092 (Northern Ireland)















Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Social Research Centre Ltd

Social Research Centre Ltd (Registered number: NI069092)






Contents of the Abbreviated Accounts
for the Year Ended 31 May 2016




Page

Company Information 1

Chartered Accountants' Report 2 to 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Social Research Centre Ltd

Company Information
for the Year Ended 31 May 2016







DIRECTOR: Eileen Beamish





SECRETARY: David Paul Williams





REGISTERED OFFICE: 178 Ballylesson Road
Belfast
Co. Antrim
BT8 8JU





REGISTERED NUMBER: NI069092 (Northern Ireland)





ACCOUNTANTS: Lynn, Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE
Page 1
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Social Research Centre Ltd

The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on
pages two to five) have been prepared.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 May 2016 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has
been undertaken so that we might compile the financial statements that we have been engaged to compile,
report to the company's director that we have done so, and state those matters that we have agreed to state to
her in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the company and the company's director, for our work or for this
report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered
Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to
members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 May 2016 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Lynn, Drake & Co Ltd
Chartered Accountants
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 0LE


24 June 2016

This page does not form part of the abbreviated accounts

Page 2
Social Research Centre Ltd (Registered number: NI069092)

Abbreviated Balance Sheet
31 May 2016

31.5.16 31.5.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 9,000 13,500
Tangible assets 3 2,813 3,516
11,813 17,016

CURRENT ASSETS
Stocks 815 810
Debtors 1,233 1,304
Cash at bank 66,021 94,786
68,069 96,900
CREDITORS
Amounts falling due within one year 21,445 44,693
NET CURRENT ASSETS 46,624 52,207
TOTAL ASSETS LESS CURRENT
LIABILITIES
58,437
69,223

PROVISIONS FOR LIABILITIES 449 564
NET ASSETS 57,988 68,659

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 57,987 68,658
SHAREHOLDERS' FUNDS 57,988 68,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 profit or loss 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 notes form part of these abbreviated accounts

Page 2 continued...
Social Research Centre Ltd (Registered number: NI069092)

Abbreviated Balance Sheet - continued
31 May 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 24 June 2016 and were signed by:





Eileen Beamish - Director


The notes form part of these abbreviated accounts

Page 3
Social Research Centre Ltd (Registered number: NI069092)

Notes to the Abbreviated Accounts
for the Year Ended 31 May 2016

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 January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company
qualifies as a small company.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on Reducing Balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

Page 4 continued...
Social Research Centre Ltd (Registered number: NI069092)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 May 2016

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2015
and 31 May 2016 45,000
AMORTISATION
At 1 June 2015 31,500
Amortisation for year 4,500
At 31 May 2016 36,000
NET BOOK VALUE

At 31 May 2016 9,000
At 31 May 2015 13,500

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2015
and 31 May 2016 9,724
DEPRECIATION
At 1 June 2015 6,208
Charge for year 703
At 31 May 2016 6,911
NET BOOK VALUE
At 31 May 2016 2,813
At 31 May 2015 3,516

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.16 31.5.15
value: £    £   
1 Ordinary £1 1 1

Page 5