Abbreviated Company Accounts - NEWBRIDGE INTEGRATED COLLEGE LIMITED

NEWBRIDGE INTEGRATED COLLEGE LIMITED - Company Information

Registered Number NI028197

NEWBRIDGE INTEGRATED COLLEGE LIMITED

Abbreviated Accounts

31 March 2016

NEWBRIDGE INTEGRATED COLLEGE LIMITED Registered Number NI028197

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	6,673,281	6,526,862
		6,673,281	6,526,862
Current assets
Debtors		89,730	27,970
Cash at bank and in hand		-	17,143
		89,730	45,113
Creditors: amounts falling due within one year		(88,303)	(43,111)
Net current assets (liabilities)		1,427	2,002
Total assets less current liabilities		6,674,708	6,528,864
Accruals and deferred income		(2,903,643)	(3,025,936)
Total net assets (liabilities)		3,771,065	3,502,928
Reserves
Income and expenditure account		3,771,065	3,502,928
Members' funds		3,771,065	3,502,928

For the year ending 31 March 2016 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 9 June 2016

And signed on their behalf by:
Noral Connolly, Director

NEWBRIDGE INTEGRATED COLLEGE LIMITED Registered Number NI028197

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold Properties - No depreciation

Other accounting policies
Government Grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	6,526,862
Additions	146,419
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	6,673,281
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	6,673,281
At 31 March 2015	6,526,862