COMMUNITY_ACCORD - Accounts

COMMUNITY ACCORD - Company Information

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Company Registration No. 06450095 (England and Wales)

COMMUNITY ACCORD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

COMMUNITY ACCORD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

COMMUNITY ACCORD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

1,231

1,847

Current assets

Debtors

11,770

10,538

Cash at bank and in hand

2,702

3,526

14,472

14,064

Creditors: amounts falling due within one year

(9,640)

(11,523)

Net current assets

4,832

2,541

Total assets less current liabilities

6,063

4,388

Creditors: amounts falling due after more than one year

(5,325)

(5,725)

738

(1,337)

Capital and reserves

Profit and loss account

738

(1,337)

Shareholders' funds

738

(1,337)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 26 October 2016

J Diamond

Director

Company Registration No. 06450095

COMMUNITY ACCORD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

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 January 2015)

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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 equipment

33% 1/3

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

COMMUNITY ACCORD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

2,770

Depreciation

At 1 April 2015

923

Charge for the year

616

At 31 March 2016

1,539

Net book value

At 31 March 2016

1,231

At 31 March 2015

1,847