Accounts filed on 31-03-2016


Registered number: 07456288






Overton Community Centre Ltd


ABBREVIATED ACCOUNTS

FOR THE 456 DAY PERIOD ENDED 31/03/2016


Overton Community Centre Ltd


ABBREVIATED ACCOUNTS


FOR THE 456 DAY PERIOD ENDED 31/03/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07456288


Registered Number: 07456288

BALANCE SHEET AT 31/03/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		15,678		7,200

CURRENT ASSETS
Cash at bank and in hand		154,524		145,915
		154,524		145,915
CREDITORS: Amounts falling due within one year		136,342		138,192
NET CURRENT ASSETS			18,182		7,723
TOTAL ASSETS LESS CURRENT LIABILITIES			33,860		14,923

CAPITAL AND RESERVES

Profit and loss account			33,860		14,923
SHAREHOLDERS' FUNDS			33,860		14,923

For the year ending 31/03/2016 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 31/05/2016 and signed on their behalf by




Jean Robinson
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		%
Equipment		%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.