Abbreviated Company Accounts - HOPE COMMUNITY CHURCH SWANLEY

HOPE COMMUNITY CHURCH SWANLEY - Company Information

Registered Number 05314519

HOPE COMMUNITY CHURCH SWANLEY

Abbreviated Accounts

31 March 2014

HOPE COMMUNITY CHURCH SWANLEY Registered Number 05314519

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	296	370
		296	370
Current assets
Debtors		3,311	2,403
Cash at bank and in hand		12,821	15,493
		16,132	17,896
Creditors: amounts falling due within one year		(1,387)	(1,797)
Net current assets (liabilities)		14,745	16,099
Total assets less current liabilities		15,041	16,469
Total net assets (liabilities)		15,041	16,469
Reserves
Income and expenditure account		15,041	16,469
Members' funds		15,041	16,469

For the year ending 31 March 2014 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 6 October 2014

And signed on their behalf by:
G Withers, Director

HOPE COMMUNITY CHURCH SWANLEY Registered Number 05314519

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.
The Financial Statements have been prepared in compliance with the Statement of Recommended Practice, Accounting and Reporting by Charities. (SORP 2005), issued in May 2008.

Turnover policy
Incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amounts can be quantified with reasonable accuracy in the period to which it relates.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer equipment - 20% reducing balance

Other accounting policies
Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Value Added Tax
Value added tax is not recoverable by the charity and as such is included in the relevant costs in the Statement of Financial Activities.

Restricted Funds
Restricted funds are to be used for the purpose specified by the donor. Expenditure which meets these criteria is identified to the fund.

Unrestricted Funds
Unrestricted funds are grants, donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds.

Liabilities
Liabilities are recognised where a legal obligation to transfer economic benefit exists.

Pension Costs
The charity operates a defined contribution pension scheme. Contributions payable to the pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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

3Tangible fixed assets

	£
Cost
At 1 April 2013	1,268
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	1,268
Depreciation
At 1 April 2013	898
Charge for the year	74
On disposals	-
At 31 March 2014	972
Net book values
At 31 March 2014	296
At 31 March 2013	370