Abbreviated Company Accounts - TELUGU NRI FORUM

Registered Number 08936815

TELUGU NRI FORUM

Abbreviated Accounts

31 March 2016

TELUGU NRI FORUM Registered Number 08936815

Abbreviated Balance Sheet as at 31 March 2016

	2016	2015
	£	£
Fixed assets
Intangible assets	-	-
Tangible assets	-	-
Investments	-	-
	-	-
Current assets
Cash at bank and in hand	200	-
	200	-
Creditors: amounts falling due within one year	(540)	0
Net current assets (liabilities)	(340)	0
Total assets less current liabilities	(340)	0
Total net assets (liabilities)	(340)	0
Reserves
Income and expenditure account	(340)	-
Members' funds	(340)	-

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 31 December 2016

And signed on their behalf by:
S S R VEMURI, Director

TELUGU NRI FORUM Registered Number 08936815

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

Turnover policy
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Other accounting policies
Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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