Community Rail Lancashire Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09999437 (England and Wales)

Unaudited Financial Statements

for the Period

11 February 2016 to 31 March 2017

for

COMMUNITY RAIL LANCASHIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J M Clarke

R N Watts

Mrs M Birch

A L Ford

J D Syson

SECRETARY:

R N Watts

REGISTERED OFFICE:

Accrington Station

Eagle Street

Accrington

Lancashire

BB5 1LJ

REGISTERED NUMBER:

09999437 (England and Wales)

ACCOUNTANTS:

Haworths Limited

Chartered Accountants

The Old Tannery

Eastgate

Accrington

Lancashire

BB5 6PW

FIXED ASSETS

Tangible assets

4

1,592

CURRENT ASSETS

Debtors

5

668

Cash at bank and in hand

36,912

37,580

CREDITORS

Amounts falling due within one year

6

11,219

NET CURRENT ASSETS

26,361

TOTAL ASSETS LESS CURRENT LIABILITIES

27,953

ACCRUALS AND DEFERRED INCOME

27,953

NET LIABILITIES

-

RESERVES

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 26 July 2017 and were signed on its behalf by:

R N Watts - Director

1.	STATUTORY INFORMATION

Community Rail Lancashire Limited is a private company, limited by guarantee , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises grants received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

Taxation

There is no liability to corporation tax due to the nature of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

2,040

At 31 March 2017

2,040

DEPRECIATION

Charge for period

448

At 31 March 2017

448

NET BOOK VALUE

At 31 March 2017

1,592

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

7,694

Taxation and social security

2,343

Other creditors

1,182

11,219

7.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital. Every member of the company undertakes to

contribute to the assets of the company, in the event of a winding up, such an amount as may be required not

exceeding £1.