The Emergency Planning Society Accounts

THE EMERGENCY PLANNING SOCIETY - Company Information






The Emergency Planning Society
	Company No. 04996120
		Abbreviated Accounts
		31 December 2015

at	31 December 2015

Company No.		04996120	Notes	2015	2014
				£	£
Fixed assets

	Tangible assets		3	2,498	3,063
	Investments		3	100	100
				2,598	3,163
Current assets

	Debtors			150,585	149,084

	Cash at bank and in hand			72,133	50,498
				222,718	199,582
Creditors: Amounts falling due within one year				(35,866)	(56,157)
Net current assets				186,852	143,425
Total assets less current liabilities				189,450	146,588




Net assets				189,450	146,588

Reserves


	Income and expenditure account			189,450	146,588

				189,450	146,588

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 2015 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the Board on 13 July 2016

And signed on its behalf by:

K.M. Blackburn
Director
13 July 2016

for the year ended 31 December 2015

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) ["the FRSSE"].

Turnover

Turnover represents the value of membership subscriptions relating to the year and other amounts receivable.

Tangible fixed assets and depreciation

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

Furniture, fittings and equipment

20% Straight line

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks and research and development costs) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an assets may not be fully recoverable.

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are recorded in sterling using the exchange rate ruling at the date of the transaction.
Exchange differences are are taken into account in arriving at the operating profit.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a 'finance lease'. Assets held under finance leases, or hire purchase contracts, are recorded in the balance sheet as tangible fixed assets and depreciated over their estimated useful lives or the term of the finance lease or hire purchase contract, whichever is shorter. Future instalments under such finance leases or hire purchase contracts, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.

All other leases are accounted for as 'operating leases' and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.

Pension costs

Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.

Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3	Fixed assets
				Tangible fixed assets	Investments	Total
				£	£	£
	Cost or revaluation
	At 1 January 2015			3,828	100	3,928
	Additions			228	-	228



	At 31 December 2015			4,056	100	4,156
	Amortisation
	At 1 January 2015			765	-	765
	Charge for the year			793	-	793



	At 31 December 2015			1,558	-	1,558
	Net book values
	At 31 December 2015			2,498	100	2,598
	At 31 December 2014			3,063	100	3,163




	Investment in Subsidiaries
	The company has the following subsidiary undertakings:
	Name of company	Country of incorporation (if not UK)	Class of shares held	% age of shares held	Capital and reserves at end of the relevant year	Profit/(loss) for the relevant year
					£	£
	EPS Training and Events Ltd		Ordinary £1	100	(142,727)	(7,920)