Abbreviated Company Accounts - MORACLE FOUNDATION

Abbreviated Company Accounts - MORACLE FOUNDATION

MORACLE FOUNDATION - Company Information

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Registered Number 07424002

MORACLE FOUNDATION

Abbreviated Accounts

31 October 2016

MORACLE FOUNDATION Registered Number 07424002

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 157 293
Investments - -
157 293
Current assets
Stocks - -
Debtors 3,220 3,219
Investments - -
Cash at bank and in hand 1,214 718
4,434 3,937
Net current assets (liabilities) 4,434 3,937
Total assets less current liabilities 4,591 4,230
Creditors: amounts falling due after more than one year (3,833) (3,800)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 758 430
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 758 430
Members' funds 758 430
  • For the year ending 31 October 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 19 June 2017

And signed on their behalf by:
Morlai Kargbo, Director

MORACLE FOUNDATION Registered Number 07424002

Notes to the Abbreviated Accounts for the period ended 31 October 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.

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

3Tangible fixed assets
£
Cost
At 1 November 2015 542
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2016 542
Depreciation
At 1 November 2015 249
Charge for the year 136
On disposals 0
At 31 October 2016 385
Net book values
At 31 October 2016 157
At 31 October 2015 293