Abbreviated Company Accounts - CLIFF COLLEGE OUTREACH

CLIFF COLLEGE OUTREACH - Company Information

Registered Number 02331438

CLIFF COLLEGE OUTREACH

Abbreviated Accounts

31 August 2016

CLIFF COLLEGE OUTREACH Registered Number 02331438

Abbreviated Balance Sheet as at 31 August 2016

	2016	2015
	£	£
Fixed assets
Intangible assets	-	-
Tangible assets	-	-
Investments	-	-
	-	-
Current assets
Stocks	-	-
Debtors	15,299	17,947
Investments	-	-
Cash at bank and in hand	12,684	58,650
	27,983	76,597
Prepayments and accrued income	1,164	1,164
Creditors: amounts falling due within one year	(104,246)	(167,599)
Net current assets (liabilities)	(75,099)	(89,838)
Total assets less current liabilities	(75,099)	(89,838)
Creditors: amounts falling due after more than one year	0	0
Provisions for liabilities	0	0
Accruals and deferred income	(8,852)	(28,724)
Total net assets (liabilities)	(83,951)	(118,562)
Reserves
Revaluation reserve	0	0
Other reserves	0	0
Income and expenditure account	(83,951)	(118,562)
Members' funds	(83,951)	(118,562)

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 5 May 2017

And signed on their behalf by:
JR Newton, Director

CLIFF COLLEGE OUTREACH Registered Number 02331438

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Turnover policy
Turnover represents amounts receivable for providing conferencing services net of VAT and trade discounts. Turnover represents the value of services provided under contract to the extent that there is a right to consideration and is recorded at the value of the consideration given.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Other accounting policies
The company has made a profit for the year and prior year having made losses in recent years. The company will continue to be supported by its parent, Cliff College, and the directors are encouraged that demand for its conferencing facilities is now at improved levels that are generating profits. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

The ultimate parent and controlling party is Cliff College, a charity registered in England and Wales. The principal business address of Cliff College is Cliff College, Cliff Lane, Calver, Hope Valley, Derbyshire, S32 3XG

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