Abbreviated Company Accounts - THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED

Abbreviated Company Accounts - THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED

THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED - Company Information

Print Friendly Version

Registered Number 03903208

THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2016

THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED Registered Number 03903208

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 1,433 599
1,433 599
Current assets
Debtors 4,797 6,725
Cash at bank and in hand 145,341 109,738
150,138 116,463
Creditors: amounts falling due within one year (20,760) (14,374)
Net current assets (liabilities) 129,378 102,089
Total assets less current liabilities 130,811 102,688
Total net assets (liabilities) 130,811 102,688
Reserves
Income and expenditure account 130,811 102,688
Members' funds 130,811 102,688
  • 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 1 September 2016

And signed on their behalf by:
J Benson, Director

THE INSTITUTE OF PUBLIC RIGHTS OF WAY AND ACCESS MANAGEMENT LIMITED Registered Number 03903208

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Revenue is recognised in the period in which the service 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 bases:

Office equipment - 33.3% on reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

3Tangible fixed assets
£
Cost
At 1 April 2015 15,632
Additions 1,549
Disposals -
Revaluations -
Transfers -
At 31 March 2016 17,181
Depreciation
At 1 April 2015 15,033
Charge for the year 715
On disposals -
At 31 March 2016 15,748
Net book values
At 31 March 2016 1,433
At 31 March 2015 599