Abbreviated Company Accounts - CLYDE SHOPMOBILITY

CLYDE SHOPMOBILITY - Company Information

Registered Number SC248140

CLYDE SHOPMOBILITY

Abbreviated Accounts

31 March 2016

CLYDE SHOPMOBILITY Registered Number SC248140

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	18,049	14,883
Investments		-	-
		18,049	14,883
Current assets
Stocks		-	-
Debtors		-	12,500
Investments		-	-
Cash at bank and in hand		25,932	33,190
		25,932	45,690
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(450)	(450)
Net current assets (liabilities)		25,482	45,240
Total assets less current liabilities		43,531	60,123
Total net assets (liabilities)		43,531	60,123
Reserves
Revaluation reserve		17,358	21,196
Other reserves		10,123	22,104
Income and expenditure account		16,050	16,823
Members' funds		43,531	60,123

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 June 2016

And signed on their behalf by:
Margaret Maceira, Director

CLYDE SHOPMOBILITY Registered Number SC248140

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), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment = 25% on reducing balance
IT = 33% straight line

Other accounting policies
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	33,055
Additions	8,209
Disposals	(1)
Revaluations	-
Transfers	-
At 31 March 2016	41,263
Depreciation
At 1 April 2015	18,172
Charge for the year	5,042
On disposals	-
At 31 March 2016	23,214
Net book values
At 31 March 2016	18,049
At 31 March 2015	14,883