Value_for_Women_Limited_31_Oct_2016_abbreviated_set_of_accounts.html
Value_for_Women_Limited_31_Oct_2016_abbreviated_set_of_accounts.html
Company registration number:
Abbreviated Balance Sheet
| 2016 | 2015 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Debtors |
|
|
|||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: amounts falling due within one year |
(
|
) |
(
|
) | |
| Net current liabilities | - | - | |||
| Total assets less current liabilities | - | - | |||
| Capital and reserves | |||||
| Called up share capital | - | - | |||
| Shareholders funds | - | - | |||
For the year ending 31 October 2016 , the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These abbreviated financial statements were approved by the board of directors and authorised for issue on 26 July 2017 , and are signed on behalf of the board by:
| Director |
Company registration number: 08239074
Notes to the Abbreviated Accounts
Year ended 31 October 2016
1 Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents amounts invoiced during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when the seller obtains the right to consideration in exchange for its performance, usually on dispatch of the goods.
Operating leases
Leases are classified as operating leases where substantially all the benefits of ownerships remain with the lessor. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.
2 Directors advances, credit and guarantees
The company is limited by guarantee of £10 per member.