Uxbridge Forward Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 07708814 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

UXBRIDGE FORWARD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr L Taylor

SECRETARY:

Mr M J Crane

REGISTERED OFFICE:

Centre Management Offices

Intu Uxbridge, High Street

PO Box 368

Uxbridge

Middlesex

UB8 1GE

REGISTERED NUMBER:

07708814 (England and Wales)

ACCOUNTANTS:

Cox Costello & Horne

Fourth & Fifth Floor

14-15 Lower Grosvenor Place

London

SW1W 0EX

FIXED ASSETS

Tangible assets

3

3,806

7,614

CURRENT ASSETS

Debtors

4

-

2,625

Cash at bank

7,010

7,211

7,010

9,836

CREDITORS

Amounts falling due within one year

5

8,925

9,883

NET CURRENT LIABILITIES

(1,915

)

(47

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,891

7,567

RESERVES

Income and expenditure account

1,891

7,567

1,891

7,567

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and expenditure account has not been delivered.

The financial statements were approved by the director on 21 December 2017 and were signed by:

Mr L Taylor - Director

1.	STATUTORY INFORMATION

Uxbridge Forward 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

The financial statements have been prepared under the historical cost convention and in accordance with

Section 1A Small Entities of Financial Reporting Standard 102 The Financial Reporting Standard applicable in

the UK and the Republic of Ireland and the Companies Act 2006.

Transition to FRS 102

This the first year that the company has presented its results under FRS 102. The last financial statements under

UK GAAP were for the year ended 31 March 2016. The date of transition to FRS 102 was 1 April 2015. There

are no transitional adjustments arising from the first time adoption of FRS 102.

Going concern

The company meets its day-to-day working capital requirements through its bank facility. After making enquiries,

the director has a reasonable expectation that the company has adequate resources to continue in operational

existence for the foreseeable future. The company therefore continues to adopt the going concern basis in

preparing its financial statements.

Turnover

Turnover represents subscriptions and donations received for the year from local businesses and organisations.

Government grants

Grants of a revenue nature are credited to the income and expenditure account in the period to which they

relate.

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

-

25% on cost

All assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation. The

cost of an asset initially recognised includes its purchase price and any cost that is directly attributable to

bringing the asset to the location and condition necessary for it to be capable of operating in the manner

intended by management.

Financial instruments

a) Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the

arrangement constitutes a financing transaction, where the transaction is measured at the present value of the

future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost

using the effective interest method, less any impairment.

b) Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related

parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction,

where the debt instrument is measured at the present value of the future payments discounted at a market rate

of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less

any impairment.

c) Cash at bank and in hand

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and

other short-term highly liquid investments that mature in no more than three months from the date of acquisition

and that are readily convertible to known amounts of cash with insignificant risk of change in value.

d) Interest income

Interest income is recognised in profit or loss using the effective interest method.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised

as other comprehensive income or to an item recognised directly in equity is also recognised in other

comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by

the balance sheet date, except that:

-

the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

-

any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

15,228

DEPRECIATION

At 1 April 2016

7,614

Charge for year

3,808

At 31 March 2017

11,422

NET BOOK VALUE

At 31 March 2017

3,806

At 31 March 2016

7,614

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

-

2,625

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

-

988

Other creditors

8,925

8,895

8,925

9,883

6.	RELATED PARTY DISCLOSURES

During the reporting period, the company received income amounting to £nil (2016: £1,000) from Uxbridge

Crime Partnership Limited. The company secretary, Mr M J Crane, is a director of Uxbridge Crime Partnership

Limited.

7.	ULTIMATE CONTROLLING PARTY

The company is limited by guarantee and has no share capital. The company is controlled by its members as a

group, with no single controlling party. There has been no change between the reporting date and date of

approval of the financial statements.

8.	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 its being wound up, for payments of the debts and

liabilities of the company, such amount as may be required, not exceeding £1.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and

the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Uxbridge Forward Limited for the year ended 31 March 2017 which comprise the Income and

expenditure account, Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Uxbridge Forward Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Uxbridge Forward Limited and state those matters that we have agreed to state to the director of Uxbridge Forward Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Uxbridge Forward Limited director for our work or for this report.

It is your duty to ensure that Uxbridge Forward Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Uxbridge Forward Limited. You consider that Uxbridge Forward Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Uxbridge Forward Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cox Costello & Horne

Fourth & Fifth Floor

14-15 Lower Grosvenor Place

London

SW1W 0EX

21 December 2017