Collaborative Learning in Oxfordshire's South East Region
Collaborative Learning in Oxfordshire's South East Region
Registered number: 09688702
Unaudited Financial Statements
For The Year Ended 31 July 2017
Richard Riley & Associates Ltd
Hampden House
Monument Park
Chalgrove
OXON
OX44 7RW
Collaborative Learning in Oxfordshire's South East Region
Unaudited Financial Statements
For The Year Ended 31 July 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Collaborative Learning in Oxfordshire's South East Region
Balance Sheet
As at
31 July 2017
Balance Sheet
Registered number:
09688702
For the year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 31 July 2017 | Period to 31 July 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 3 |
( |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET ASSETS |
( |
( |
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| Income and Expenditure Account |
( |
( |
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| MEMBERS' FUNDS | (4,216) | (4,320) | |||
Directors' responsibilities:
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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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
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The notes on page 2 form part of these financial statements.
Page 1
Collaborative Learning in Oxfordshire's South East Region
Notes to the Unaudited Accounts
For The Year Ended 31 July 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 0
3.
Debtors
| 31 July 2017 | Period to 31 July 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Prepayments and accrued income |
( |
( |
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( |
( |
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4.
Creditors: Amounts Falling Due Within One Year
| 31 July 2017 | Period to 31 July 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors |
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| Accruals and deferred income |
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5.
Company 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.
6.
General Information
Collaborative Learning in Oxfordshire's South East Region is a private company, limited by guarantee, incorporated in England & Wales, registered number 09688702 . The registered office is Icknield Community College, Love Lane, Watlington, OXON, OX49 5RB.
Page 2