| Green Pastures Christian Centre |
| Registered number: |
04291153 |
| Abbreviated Balance Sheet |
| as at 31 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
527,092 |
|
|
524,283 |
|
| Current assets |
| Stocks |
|
|
3,322 |
|
|
3,391 |
| Debtors |
|
|
49,631 |
|
|
981 |
| Cash at bank and in hand |
|
|
115,339 |
|
|
156,487 |
|
|
|
168,292 |
|
|
160,859 |
|
| Creditors: amounts falling due within one year |
|
|
(90,246) |
|
|
(82,860) |
|
| Net current assets |
|
|
|
78,046 |
|
|
77,999 |
|
| Total assets less current liabilities |
|
|
|
605,138 |
|
|
602,282 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(132,997) |
|
|
(141,880) |
|
|
|
| Net assets |
|
|
|
472,141 |
|
|
460,402 |
|
|
|
|
|
|
|
|
| Funds |
| Restricted funds |
|
|
|
283 |
|
|
4,224 |
| Unrestricted funds |
|
|
|
471,858 |
|
|
456,178 |
|
| Total funds |
|
|
|
472,141 |
|
|
460,402 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J Russell |
| Director |
| Approved by the board on 14 May 2016 |
|
| Green Pastures Christian Centre |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net discounts, of pastoral and hopitality services provided to guests . |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line to residual value of £1000 |
|
0 |
|
|
0 |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
578,224 |
|
Additions |
3,511 |
|
At 31 December 2015 |
581,735 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
53,941 |
|
Charge for the year |
702 |
|
At 31 December 2015 |
54,643 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
527,092 |
|
At 31 December 2014 |
524,283 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
80,142 |
|
88,975 |
|
Secured bank loans |
146,223 |
|
205,106 |
|
|
|
|
|
|
|
|
|
