Abbreviated Company Accounts - CENTREPOINT OUTREACH

CENTREPOINT OUTREACH - Company Information

Registered Number 03204952

CENTREPOINT OUTREACH

Abbreviated Accounts

31 March 2016

CENTREPOINT OUTREACH Registered Number 03204952

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	97,171	100,335
		97,171	100,335
Current assets
Debtors		280	947
Cash at bank and in hand		91,839	86,568
		92,119	87,515
Creditors: amounts falling due within one year		(19,596)	(7,890)
Net current assets (liabilities)		72,523	79,625
Total assets less current liabilities		169,694	179,960
Total net assets (liabilities)		169,694	179,960
Reserves
Other reserves		169,694	179,960
Members' funds		169,694	179,960

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 20 July 2016

And signed on their behalf by:
Richard Locke-Wheaton, Director

CENTREPOINT OUTREACH Registered Number 03204952

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). They have also been prepared in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2009) issued in January 2009. applicable accounting standards and the Companies Act 2006.

Turnover policy
Voluntary income and donations are accounted for as received by the charity. The income from fundraising and trading ventures is shown gross, with associated costs included in fundraising costs. No permanent endowments were received in the year, but these are dealt with through the Statement of Financial Activities when received. Grants received are allocated to the designated period of the grant. Amounts in respect of future accounting periods are deferred and disclosed in creditors.

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 over their expected useful lives. The rates used are:
Buildings 2% p.a. straight line basis; Other equipment and van 20% reducing balance basis.

Other accounting policies
Unrestricted funds are donations and other income received or generated for the objectives of the charity without specified purpose and are available as general funds. Within unrestricted funds are designated funds, where the trustees have provided for specific future risks.
Restricted funds can only be used for the specific purpose within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised foe a particular purpose. Expenditure which complies to these criteria is identified to the fund.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	154,349
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	154,349
Depreciation
At 1 April 2015	54,014
Charge for the year	3,164
On disposals	-
At 31 March 2016	57,178
Net book values
At 31 March 2016	97,171
At 31 March 2015	100,335