Sussex International Piano Competition - Abbreviated accounts 16.3

REGISTERED NUMBER: 08264084 (England and Wales)

Abbreviated Accounts for the Year Ended 31 October 2016

for

Sussex International Piano Competition

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T J Chick

J S Gibbons

SECRETARY:

REGISTERED OFFICE:

30 Guildford Road

Worthing

West Sussex

BN14 7LL

REGISTERED NUMBER:

08264084 (England and Wales)

ACCOUNTANTS:

Bristow Still

Chartered Accountants

39 Sackville Road

Hove

East Sussex

BN3 3WD

Current assets

Debtors

-

392

Cash at bank

2,704

2,552

2,704

2,944

Creditors

Amounts falling due within one year

159

266

Net current assets

2,545

2,678

Total assets less current liabilities

2,545

2,678

Reserves

Income and expenditure account

2,545

2,678

2,545

2,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 July 2017 and were signed on its behalf by:

J S Gibbons - Director

T J Chick - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.