Abbreviated Company Accounts - BLACK COUNTRY URBAN INDUSTRIAL MISSION
Abbreviated Company Accounts - BLACK COUNTRY URBAN INDUSTRIAL MISSION
Registered Number 05409157
BLACK COUNTRY URBAN INDUSTRIAL MISSION
Abbreviated Accounts
31 March 2016
BLACK COUNTRY URBAN INDUSTRIAL MISSION Registered Number 05409157
Abbreviated Balance Sheet as at 31 March 2016
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| £ | £ | ||
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| Intangible assets |
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| Tangible assets |
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| Investments |
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| Current assets | |||
| Stocks |
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| Debtors |
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| Investments |
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| Cash at bank and in hand |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
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| Reserves | |||
| Revaluation reserve |
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| Other reserves |
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| Income and expenditure account |
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| Members' funds |
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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
And signed on their behalf by:
BLACK COUNTRY URBAN INDUSTRIAL MISSION Registered Number 05409157
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Companies Act 2006 and the requirements of the Accounting and Reporting by Charities; Statement of Recommended Practice (SORP), issued in 2015.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Income
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
No amounts are included in the financial statements for services donated by volunteers.
Expenditure
All expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category.
Fixed assets
The cost of office equipment is written off in the year of purchase.
2Company limited by guarantee