Abbreviated Company Accounts - LARNE COMMUNITY CARE CENTRE

LARNE COMMUNITY CARE CENTRE - Company Information

Registered Number NI031325

LARNE COMMUNITY CARE CENTRE

Abbreviated Accounts

5 April 2016

LARNE COMMUNITY CARE CENTRE Registered Number NI031325

Abbreviated Balance Sheet as at 5 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	307,442	313,349
		307,442	313,349
Current assets
Debtors		7,832	6,066
Investments		2,668	-
Cash at bank and in hand		-	4,087
		10,500	10,153
Creditors: amounts falling due within one year		(23,597)	(27,026)
Net current assets (liabilities)		(13,097)	(16,873)
Total assets less current liabilities		294,345	296,476
Creditors: amounts falling due after more than one year		(292,167)	(292,167)
Total net assets (liabilities)		2,178	4,309
Reserves
Income and expenditure account		2,178	4,309
Members' funds		2,178	4,309

For the year ending 5 April 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 20 December 2016

And signed on their behalf by:
Lucinda McFall, Director

LARNE COMMUNITY CARE CENTRE Registered Number NI031325

Notes to the Abbreviated Accounts for the period ended 5 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention.

The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small charity.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Companies Act 2006.

Turnover policy
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.

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.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated funds is set out in the notes to the financial statements.

Restricted funds and funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land 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:

Freehold land is not depreciated
Freehold buildings 0% per annum
Fixtures, fittings & equipment 33.3% per annum straight line

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

3Tangible fixed assets

	£
Cost
At 6 April 2015	330,869
Additions	1,848
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2016	332,717
Depreciation
At 6 April 2015	17,520
Charge for the year	7,755
On disposals	-
At 5 April 2016	25,275
Net book values
At 5 April 2016	307,442
At 5 April 2015	313,349