Abbreviated Company Accounts - THE BRITISH INTERNATIONAL STUDIES ASSOCIATION

Abbreviated Company Accounts - THE BRITISH INTERNATIONAL STUDIES ASSOCIATION


Registered Number 08422260

THE BRITISH INTERNATIONAL STUDIES ASSOCIATION

Abbreviated Accounts

31 March 2016

THE BRITISH INTERNATIONAL STUDIES ASSOCIATION Registered Number 08422260

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 190 253
190 253
Current assets
Debtors 156,484 169,038
Cash at bank and in hand 510,577 445,309
667,061 614,347
Creditors: amounts falling due within one year (29,232) (26,011)
Net current assets (liabilities) 637,829 588,336
Total assets less current liabilities 638,019 588,589
Total net assets (liabilities) 638,019 588,589
Reserves
Income and expenditure account 638,019 588,589
Members' funds 638,019 588,589
  • 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 11 December 2016

And signed on their behalf by:
Prof. N Phillips, Director
Prof. R Dannreuther, Director

THE BRITISH INTERNATIONAL STUDIES ASSOCIATION Registered Number 08422260

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), and
the requirements of the Statement of Recommended Practice 'Accounting and Reporting by
Charities' issued in March 2005 (SORP 2005).

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Equipment - 25% Reducing balance

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

3Tangible fixed assets
£
Cost
At 1 April 2015 4,240
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 4,240
Depreciation
At 1 April 2015 3,987
Charge for the year 63
On disposals -
At 31 March 2016 4,050
Net book values
At 31 March 2016 190
At 31 March 2015 253

All fixed assets are initially recorded at cost