NORTH_ILFORD_COMMUNITY_CE - Accounts

NORTH ILFORD COMMUNITY CENTRE LTD - Company Information

Print Friendly Version

Company Registration No. 07822028 (England and Wales)

NORTH ILFORD COMMUNITY CENTRE LTD

COMPANY LIMITED BY GUARNTEE

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2015

NORTH ILFORD COMMUNITY CENTRE LTD

COMPANY LIMITED BY GUARNTEE

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

NORTH ILFORD COMMUNITY CENTRE LTD

COMPANY LIMITED BY GUARNTEE

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

340,000

Current assets

Cash at bank and in hand

2,827

1,518

Creditors: amounts falling due within one year

(340,359)

(340,428)

Net current liabilities

(337,532)

(338,910)

Total assets less current liabilities

2,468

1,090

Capital and reserves

Income over expenditure account

2,468

1,090

Members' funds

2,468

1,090

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 July 2016

Mr R Patel

Director

Company Registration No. 07822028

NORTH ILFORD COMMUNITY CENTRE LTD

COMPANY LIMITED BY GUARNTEE

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT 31 OCTOBER 2015

- 2 -

Fixed assets

Tangible assets

Cost

At 1 November 2014 & at 31 October 2015

340,000

At 31 October 2014

340,000

Accounting policies

2.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2.3

Income

Income represents donations receivable from members and public.

2.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Nil