Abbreviated Company Accounts - THE FRIENDS OF DITCHLING

THE FRIENDS OF DITCHLING - Company Information

Registered Number 05724504

THE FRIENDS OF DITCHLING

Abbreviated Accounts

31 March 2016

THE FRIENDS OF DITCHLING Registered Number 05724504

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	10,500	10,500
Investments	4	86,785	87,209
		97,285	97,709
Current assets
Debtors		758	758
Cash at bank and in hand		26,057	18,367
		26,815	19,125
Net current assets (liabilities)		26,815	19,125
Total assets less current liabilities		124,100	116,834
Total net assets (liabilities)		124,100	116,834
Reserves
Other reserves		60,000	60,000
Income and expenditure account		64,100	56,834
Members' funds		124,100	116,834

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:
C J Marshall, Director

THE FRIENDS OF DITCHLING Registered Number 05724504

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 April 2008.

Turnover policy
Income is recognised in the year in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where a donor has specified that the income is to be expended in a future year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost.
The balance represents the acquisition cost of Land and Buildings only.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	10,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	10,500
Depreciation
At 1 April 2015	0
Charge for the year	-
On disposals	-
At 31 March 2016	0
Net book values
At 31 March 2016	10,500
At 31 March 2015	10,500

Tangible fixed assets are stated at cost. Depreciation is not calculated or applied.

4Fixed assets Investments
Investments are included at cost.