Abbreviated Company Accounts - LLANGEFNI SOCIAL ENTERPRISE

Abbreviated Company Accounts - LLANGEFNI SOCIAL ENTERPRISE


Registered Number 08456230

LLANGEFNI SOCIAL ENTERPRISE

Abbreviated Accounts

31 March 2014

LLANGEFNI SOCIAL ENTERPRISE Registered Number 08456230

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 3 4,663
4,663
Current assets
Debtors 4 14,141
Cash at bank and in hand 2,126
16,267
Prepayments and accrued income 95
Creditors: amounts falling due within one year (6,259)
Net current assets (liabilities) 10,103
Total assets less current liabilities 14,766
Total net assets (liabilities) 14,766
Reserves
Income and expenditure account 14,766
Members' funds 14,766
  • For the year ending 31 March 2014 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 29 September 2014

And signed on their behalf by:
Ian Ault, Director
Paul Williams, Director

LLANGEFNI SOCIAL ENTERPRISE Registered Number 08456230

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
Turnover represents the grants and fees receivable during the period.

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

3Tangible fixed assets
£
Cost
Additions 6,662
Disposals -
Revaluations -
Transfers -
At 31 March 2014 6,662
Depreciation
Charge for the year 1,999
On disposals -
At 31 March 2014 1,999
Net book values
At 31 March 2014 4,663

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment 30%

4Debtors
2014
£
Debtors include the following amounts due after more than one year 14,141

Debtors include:
Grants due £14141