Abbreviated Company Accounts - ITC TAMIL CENTRE

Abbreviated Company Accounts - ITC TAMIL CENTRE

ITC TAMIL CENTRE - Company Information

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Registered Number 04217416

ITC TAMIL CENTRE

Abbreviated Accounts

31 March 2016

ITC TAMIL CENTRE Registered Number 04217416

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 321 428
321 428
Current assets
Debtors 3,386 3,147
Cash at bank and in hand 18,817 18,086
22,203 21,233
Creditors: amounts falling due within one year (3,753) (4,716)
Net current assets (liabilities) 18,450 16,517
Total assets less current liabilities 18,771 16,945
Total net assets (liabilities) 18,771 16,945
Reserves
Revaluation reserve 16,945 22,005
Income and expenditure account 1,826 (5,060)
Members' funds 18,771 16,945
  • 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 25 June 2016

And signed on their behalf by:
A Thiruketheeswaran, Director

ITC TAMIL CENTRE Registered Number 04217416

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
The turnover of the company were mainly local Authorities grant, donation and subscriptions

Tangible assets depreciation policy
Tangible assets are depreciated at 20% per annum on reducing balance basis.

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

3Tangible fixed assets
£
Cost
At 1 April 2015 5,560
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 5,560
Depreciation
At 1 April 2015 5,132
Charge for the year 107
On disposals -
At 31 March 2016 5,239
Net book values
At 31 March 2016 321
At 31 March 2015 428