Abbreviated Company Accounts - AERO SPACE SCIENTIFIC EDUCATIONAL TRUST

Abbreviated Company Accounts - AERO SPACE SCIENTIFIC EDUCATIONAL TRUST


Registered Number SC513055

AERO SPACE SCIENTIFIC EDUCATIONAL TRUST

Abbreviated Accounts

31 August 2016

AERO SPACE SCIENTIFIC EDUCATIONAL TRUST Registered Number SC513055

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016
£
Current assets
Cash at bank and in hand 2,263
2,263
Net current assets (liabilities) 2,263
Total assets less current liabilities 2,263
Total net assets (liabilities) 2,263
Reserves
Income and expenditure account 2,263
Members' funds 2,263
  • For the year ending 31 August 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 12 May 2017

And signed on their behalf by:
Mr A Stewart, Director

AERO SPACE SCIENTIFIC EDUCATIONAL TRUST Registered Number SC513055

Notes to the Abbreviated Accounts for the period ended 31 August 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), and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).

Other accounting policies
Consolidation

In the opinion of the members of the committee, the charity and its subsidiary undertakings comprise a small group. The charity has therefore taken advantage of the exemption provided by Section 398 of the Charities Act 2011 not to prepare group accounts.

The directors do not consider the cost of preparing consolidated accounts justifiable and note 9 provides adequate details relating to the nature of the trading subsidiary.

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