Abbreviated Company Accounts - INTERNATIONAL TAEKWON-DO FEDERATION - (SCOTLAND) LIMITED

Abbreviated Company Accounts - INTERNATIONAL TAEKWON-DO FEDERATION - (SCOTLAND) LIMITED


Registered Number SC374072

INTERNATIONAL TAEKWON-DO FEDERATION - (SCOTLAND) LIMITED

Abbreviated Accounts

31 March 2016

INTERNATIONAL TAEKWON-DO FEDERATION - (SCOTLAND) LIMITED Registered Number SC374072

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Current assets
Debtors 1,264 -
Cash at bank and in hand 10,035 15,133
11,299 15,133
Creditors: amounts falling due within one year (4,214) (2,987)
Net current assets (liabilities) 7,085 12,146
Total assets less current liabilities 7,085 12,146
Total net assets (liabilities) 7,085 12,146
Reserves
Income and expenditure account 7,085 12,146
Members' funds 7,085 12,146
  • 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 14 December 2016

And signed on their behalf by:
Mrs G McIlvaney, Director

INTERNATIONAL TAEKWON-DO FEDERATION - (SCOTLAND) LIMITED Registered Number SC374072

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 under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015

Turnover policy
The turnover shown in the profit and loss account represents income from tournaments, certification and affiliation fees.

2Company limited by guarantee
The company is a company limited by guarantee and not having a share capital. The members' liability is limited by guarantee not exceeding £1 per member. As at 31st March 2016 there were 97 members (2015 - 97 members).