Harwich Connexions Transport Co-operativ - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04715958 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Harwich Connexions Transport

Co-operative Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Statement by the Directors

5

Chartered Certified Accountants' Independent Assurance Report

6

DIRECTORS:

Mrs DF Rotchell

RC Colley

Mrs D Cheeseman

Mrs A Rendell-Knights

P Hartwell

Mrs Y Chappell

J Hawkins

D Osbourne

REGISTERED OFFICE:

Park Pavillion

Barrack Lane

Harwich

Essex

CO12 3NS

REGISTERED NUMBER:

04715958 (England and Wales)

ACCOUNTANTS:

Finnigan & Co

37 Lower Brook Street

Ipswich

Suffolk

IP4 1AQ

FIXED ASSETS

Tangible assets

2

204,222

197,997

CURRENT ASSETS

Debtors

11,891

45,361

Cash at bank and in hand

44,909

86,730

56,800

132,091

CREDITORS

Amounts falling due within one year

20,638

95,689

NET CURRENT ASSETS

36,162

36,402

TOTAL ASSETS LESS CURRENT LIABILITIES

240,384

234,399

RESERVES

Revaluation reserve

65,000

65,000

Other reserves

145,661

145,661

Income and expenditure account

29,723

23,738

240,384

234,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 20 August 2014 and were signed on its behalf by:

Mrs DF Rotchell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

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

It also includes funding received, donations and memberships.

Tangible fixed assets

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

Freehold property

-

5% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis

over the period of the lease.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2013

424,537

Additions

41,950

Disposals

(30,753

)

At 31 March 2014

435,734

DEPRECIATION

At 1 April 2013

226,540

Charge for year

34,414

Eliminated on disposal

(29,442

)

At 31 March 2014

231,512

NET BOOK VALUE

At 31 March 2014

204,222

At 31 March 2013

197,997

3.	COMPANY LIMITED BY GUARANTEE

The company does not have any share capital, but has members who are guarantors instead of shareholders.

Limitation of liability takes the form of a guarantee from its members to pay a nominal sum in the event of the

company being wound up while they are a member or within one year of their ceasing to be a member. The

amount of money that is guaranteed can be as little as £1 and will be stated within the constitution of the

company (the Memorandum & Articles of Association).

We confirm that as directors we have met our duty in accordance with the Companies Act 2006 to:

-	ensure that the company has kept proper accounting records;

-	prepare financial statements which give a true and fair view of the state of the company as at 31 March 2014 and of its surplus for that period in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008); and

-	follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.

ON BEHALF OF THE BOARD:

Mrs DF Rotchell - Director

20 August 2014

We have performed certain procedures in respect of the company's unaudited financial statements for the year ended

31 March 2014 on pages nil to nil, made enquiries of the company's directors and assessed accounting policies adopted

by the directors, in order to gather sufficient evidence for our conclusion in this report.

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. It has

been released to the directors on the basis that this report shall not be copied, referred to or disclosed, in whole (save for

the directors' own internal purposes or as may be required by law or by a competent regulator) or in part, without our

prior written consent. Our work has been undertaken so that we might state to the directors those matters that we have

agreed to state to them 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 directors as a body for our work, for this

report or the conclusions we have formed.

Respective responsibilities

You have confirmed that you have met your duty as set out in the directors' statement on page nil. You consider that the

company is exempt from the statutory requirement for an audit for the year. Our responsibility is to form and express an

independent conclusion, based on the work carried out, to you on the financial statements.

Scope

We conducted our engagement in accordance with the Institute of Chartered Accountants in England & Wales Interim

Technical Release AAF 03/06. Our work was based primarily upon enquiry, analytical procedures and assessing

accounting policies in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). If

we considered it to be necessary, we also performed limited examination of evidence relevant to certain balances and

disclosures in the financial statements where we became aware of matters that might indicate a risk of material

misstatement in the financial statements.

The terms of our engagement exclude any requirement to carry out a comprehensive assessment of the risks of material

misstatement, a consideration of fraud, laws, regulations or internal controls, and we have not done so. We are not

required to, and we do not, express an audit opinion on these financial statements.

Conclusion

Based on our work, nothing has come to our attention to refute the directors' confirmation that in accordance with the

Companies Act 2006 the financial statements give a true and fair view of the state of the company's affairs as at

31 March 2014 and of its surplus for the year then ended and have been properly prepared in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Finnigan & Co

37 Lower Brook Street

Ipswich

Suffolk

IP4 1AQ

Date: .............................................