Abbreviated Company Accounts - DOUBLE ACT THEATRE COMPANY

DOUBLE ACT THEATRE COMPANY - Company Information

Registered Number 06597952

DOUBLE ACT THEATRE COMPANY

Abbreviated Accounts

31 March 2016

DOUBLE ACT THEATRE COMPANY Registered Number 06597952

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	127	192
		127	192
Current assets
Cash at bank and in hand		1,255	1,340
		1,255	1,340
Prepayments and accrued income		58	55
Net current assets (liabilities)		1,313	1,395
Total assets less current liabilities		1,440	1,587
Accruals and deferred income		(471)	(390)
Total net assets (liabilities)		969	1,197
Reserves
Income and expenditure account		969	1,197
Members' funds		969	1,197

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 20 December 2016

And signed on their behalf by:
David Thompson, Director

DOUBLE ACT THEATRE COMPANY Registered Number 06597952

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 Statement of Recommended Practice "Accounting and Reporting by Charities".

Other accounting policies
Fund accounting policy

Unrestricted funds are available for use at the trustees’ discretion in the furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for a specific purpose.

Incoming resources

Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned under contract.

Resources expended

Liabilities are expended as soon as there is a legal obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs into that category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings (where claimed) and the cost of legal advice on constitutional matters.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	895
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	895
Depreciation
At 1 April 2015	703
Charge for the year	65
On disposals	-
At 31 March 2016	768
Net book values
At 31 March 2016	127
At 31 March 2015	192

Depreciation has been provided at 25% on cost