Running Free Animal Rescue Limited - Period Ending 2016-02-29

Registration number: 07966763

Running Free Animal Rescue Limited

(A company limited by guarantee)

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016
 

Colin Richardson Accountants Limited
Waterloo House
17 Waterloo Road
Norwich
Norfolk
NR3 1EH

Running Free Animal Rescue Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Running Free Animal Rescue Limited
(Registration number: 07966763)
Abbreviated Balance Sheet at 29 February 2016

		Note			2016 £			2015 £
Fixed assets
Tangible					4,813			5,363
Current assets
Cash at bank and in hand					3,889			1,495
Creditors: Amounts falling due within one year					(2,505)			-
Net current assets					1,384			1,495
Net assets					6,197			6,858
Reserves
Unrestricted income fund					6,197			6,858
					6,197			6,858

For the year ending 29 February 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 28 November 2016 and signed on its behalf by:

.........................................
C A Richardson
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Running Free Animal Rescue Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

1	Accounting policies

Basis of preparation

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

Turnover represents donations received.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life on a straight line basis as follows:

Asset class	Depreciation rate
Property improvements	10% per annum

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 March 2015		5,500			5,500
At 29 February 2016		5,500			5,500
Depreciation
At 1 March 2015		137			137
Charge for the year		550			550
At 29 February 2016		687			687
Net book value
At 29 February 2016		4,813			4,813
At 28 February 2015		5,363			5,363

3	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute towar ds the assets of the company in the event of liquidation.

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