London Region Arts Club - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02035307 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2016

FOR

LONDON REGION ARTS CLUB

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S J Arnold

Miss S E Davies

Miss H E V Hegtermans

Mr P Morris

Ms L R Richards

Miss S L Jennings

Dr S P Mitchell

SECRETARY:

Ms L R Richards

REGISTERED OFFICE:

23 Church Street

Rickmansworth

Hertfordshire

WD3 1DE

REGISTERED NUMBER:

02035307 (England and Wales)

ACCOUNTANTS:

Smith-Milne & Co. Limited

23 Church Street

Rickmansworth

Hertfordshire

WD3 1DE

BANKERS:

Lloyds TSB Bank plc

7 Pall Mall

St James

London

SW1Y 5HU

FIXED ASSETS

Tangible assets

3

-

2

CURRENT ASSETS

Debtors

4

140

142

Cash at bank

61,845

65,898

61,985

66,040

CREDITORS

Amounts falling due within one year

5

2,163

4,084

NET CURRENT ASSETS

59,822

61,956

TOTAL ASSETS LESS CURRENT LIABILITIES

59,822

61,958

RESERVES

Income and expenditure account

59,822

61,958

59,822

61,958

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 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 22nd August 2017 and were signed on its behalf by:

Ms L R Richards - Director

Mr S J Arnold - Director

1.	STATUTORY INFORMATION

London Region Arts Club 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2016

and 31st December 2016

7,898

DEPRECIATION

At 1st January 2016

7,896

Charge for year

2

At 31st December 2016

7,898

NET BOOK VALUE

At 31st December 2016

-

At 31st December 2015

2

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

140

142

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

1,276

3,350

Taxation and social security

6

6

Other creditors

881

728

2,163

4,084