Abbreviated Company Accounts - CROSSROADS GLOBAL VILLAGE (UK)

Abbreviated Company Accounts - CROSSROADS GLOBAL VILLAGE (UK)

CROSSROADS GLOBAL VILLAGE (UK) - Company Information

Print Friendly Version

Registered Number 06003594

CROSSROADS GLOBAL VILLAGE (UK)

Abbreviated Accounts

31 December 2015

CROSSROADS GLOBAL VILLAGE (UK) Registered Number 06003594

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Current assets
Debtors 3 6,000 1,677
Cash at bank and in hand 10,606 19,897
16,606 21,574
Creditors: amounts falling due within one year (201) (9,799)
Net current assets (liabilities) 16,405 11,775
Total assets less current liabilities 16,405 11,775
Total net assets (liabilities) 16,405 11,775
Reserves
Income and expenditure account 16,405 11,775
Members' funds 16,405 11,775
  • For the year ending 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 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 15 August 2016

And signed on their behalf by:
Mr William Hampson, Director

CROSSROADS GLOBAL VILLAGE (UK) Registered Number 06003594

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
1. Accounting policies
1.1 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).
1.2 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).

Turnover policy
Turnover represents amounts receivable by way of donations, grants and sales of handicrafts.

Tangible assets depreciation policy
Tangible fixed assets 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:

Computer and photographic equipment 20% Straight Line, estimated residual value applied is £nil in each case.

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions i foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

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

3Debtors
2015
£		 2014
£
Debtors include the following amounts due after more than one year 6,000 1,677