Hoole Community Development Trust - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07950960 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2018

for

Hoole Community Development Trust

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Beveridge

A R K Black

I L Thomas

A G V Riddell

Mrs A J Chidley

Mrs K M Fagan

R J Heather

Mrs A C M Lewis

P J Tasker

SECRETARY:

S P Beveridge

REGISTERED OFFICE:

Hoole Community Centre Westminster Road

Hoole

Chester

Cheshire

CH2 3AP

REGISTERED NUMBER:

07950960 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Property, plant and equipment

4

-

656

CURRENT ASSETS

Debtors

6,589

4,740

Cash at bank

40,601

51,430

47,190

56,170

CREDITORS

Amounts falling due within one year

(35,602

)

(46,628

)

NET CURRENT ASSETS

11,588

9,542

TOTAL ASSETS LESS CURRENT LIABILITIES

11,588

10,198

RESERVES

Retained earnings

11,588

10,198

MEMBERS' FUNDS

11,588

10,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 profit or loss 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 May 2018 and were signed on its behalf by:

R J Heather - Director

1.	STATUTORY INFORMATION

Hoole Community Development Trust 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest

£1.

Turnover

Revenue 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

Taxation

Taxation for the year is comprised of current tax. Tax is recognised in the Income Statement, except to the extent that it

relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 March 2017

and 28 February 2018

8,936

DEPRECIATION

At 1 March 2017

8,280

Charge for year

656

At 28 February 2018

8,936

NET BOOK VALUE

At 28 February 2018

-

At 28 February 2017

656