| Hampshire Association of Local Councils Ltd |
| Registered number: |
06879309 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,083 |
|
|
2,066 |
|
| Current assets |
| Debtors |
3 |
|
15,362 |
|
|
11,988 |
| Cash at bank and in hand |
|
|
104,867 |
|
|
81,495 |
|
|
|
120,229 |
|
|
93,483 |
|
| Creditors: amounts falling due within one year |
4 |
|
(10,519) |
|
|
(16,062) |
|
| Net current assets |
|
|
|
109,710 |
|
|
77,421 |
|
| Net assets |
|
|
|
110,793 |
|
|
79,487 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
110,793 |
|
|
79,487 |
|
| Shareholder's funds |
|
|
|
110,793 |
|
|
79,487 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mike Evans |
| Director |
| Approved by the board on 20.07.17 |
|
| Hampshire Association of Local Councils Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Regalia |
not depreciated |
|
Computer and office equipment |
25% straight line |
|
Fixtures and Fittings |
15% Straight Line |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Tangible fixed assets |
|
|
Regalia |
|
Furniture and Fixtures |
|
Office Equipment |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2016 |
793 |
|
863 |
|
3,730 |
|
5,386 |
|
At 31 March 2017 |
793 |
|
863 |
|
3,730 |
|
5,386 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2016 |
- |
|
521 |
|
2,799 |
|
3,320 |
|
Charge for the year |
- |
|
52 |
|
931 |
|
983 |
|
At 31 March 2017 |
- |
|
573 |
|
3,730 |
|
4,303 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2017 |
793 |
|
290 |
|
- |
|
1,083 |
|
At 31 March 2016 |
793 |
|
342 |
|
931 |
|
2,066 |
|
|
| 3 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
8,920 |
|
7,680 |
|
Other debtors |
6,442 |
|
4,308 |
|
|
|
|
|
|
15,362 |
|
11,988 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade creditors |
6,450 |
|
13,068 |
|
Other taxes and social security costs |
3,669 |
|
1,794 |
|
Other creditors |
400 |
|
1,200 |
|
|
|
|
|
|
10,519 |
|
16,062 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Hampshire Association of Local Councils Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Floor 2, Eastleigh House |
|
Upper Market Street |
|
Eastleigh |
|
Hants |
|
SO50 9YN |
