Abbreviated Company Accounts - TRUST LINKS LIMITED

Abbreviated Company Accounts - TRUST LINKS LIMITED

TRUST LINKS LIMITED - Company Information

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Registered Number 04351216

TRUST LINKS LIMITED

Abbreviated Accounts

31 March 2016

TRUST LINKS LIMITED Registered Number 04351216

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 146,629 94,624
Investments 4 1 1
146,630 94,625
Current assets
Stocks - -
Debtors 5 29,442 29,536
Investments - -
Cash at bank and in hand 283,750 279,422
313,192 308,958
Prepayments and accrued income - -
Creditors: amounts falling due within one year 6 (22,708) (56,347)
Net current assets (liabilities) 290,484 252,611
Total assets less current liabilities 437,114 347,236
Creditors: amounts falling due after more than one year 6 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 437,114 347,236
Reserves
Revaluation reserve 141,148 94,624
Other reserves 92,682 105,180
Income and expenditure account 203,284 147,432
Members' funds 437,114 347,236
  • 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 19 September 2016

And signed on their behalf by:
Peter Payne, Director

TRUST LINKS LIMITED Registered Number 04351216

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities (FRSSE) effective January 2015, as modified by the Statement of Recommended Practice for Accounting and reporting issued by the Charity Commission for England and Wales, effective January 2015 (The SORP)

Turnover policy
None

Tangible assets depreciation policy
Tangible fixed assets are measured at their original cost value, or subsequent revaluation. Cost value includes all costs expended in bringing the asset into its intended working condition. Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives:
Land and buildings 2% straight line
Plant and machinery 25% straight line
Motor vehicles 25% straight line
Furniture, fixtures and fittings 25% straight line

Intangible assets amortisation policy
None

Valuation information and policy
None

Other accounting policies
None

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

3Tangible fixed assets
£
Cost
At 1 April 2015 166,848
Additions 59,654
Disposals -
Revaluations -
Transfers -
At 31 March 2016 226,502
Depreciation
At 1 April 2015 72,224
Charge for the year 7,649
On disposals -
At 31 March 2016 79,873
Net book values
At 31 March 2016 146,629
At 31 March 2015 94,624

4Fixed assets Investments
Investment in Trust Links Trading

5Debtors
2016
£		 2015
£
Debtors include the following amounts due after more than one year 24,540 25,804

Remaining debtors are prepayments and accrued income

6Creditors
2016
£		 2015
£
Secured Debts 22,708 56,347