Independent Theatre Council Limited - Limited company - abbreviated - 11.6
Independent Theatre Council Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| INDEPENDENT THEATRE COUNCIL LIMITED |
| (A COMPANY LIMITED BY GUARANTEE) |
| INDEPENDENT THEATRE COUNCIL LIMITED (REGISTERED NUMBER: 01892910) |
| (A COMPANY LIMITED BY GUARANTEE) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| INDEPENDENT THEATRE COUNCIL LIMITED |
| (A COMPANY LIMITED BY GUARANTEE) |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| INDEPENDENT THEATRE COUNCIL LIMITED (REGISTERED NUMBER: 01892910) |
| (A COMPANY LIMITED BY GUARANTEE) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Other reserves |
| Income and expenditure account |
| 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 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 were approved by the Board of Directors on by: |
| INDEPENDENT THEATRE COUNCIL LIMITED (REGISTERED NUMBER: 01892910) |
| (A COMPANY LIMITED BY GUARANTEE) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Income |
| Turnover, excluding value added tax and discounts, is included on the following bases: |
| Subscriptions are recognised as income in the period to which the membership subscription covers. |
| Net fees and similar income, including sponsorship and donations, for training and other services are recognised in |
| the same period as the training or services are provided. |
| All other income is accounted for on an accruals basis. |
| Expenditure |
| Expenditure is accounted for on an accruals basis and excludes value added tax and discounts. |
| Expenditure on fixed assets, other than information technology equipment, is capitalised and depreciated over four |
| years on a straight line basis. |
| Rent paid under operating leases is charged on a straight line basis over the period of the lease. |
| Specific reserves |
| The Board determines the level of reserves to set aside for specific future purposes or projects and reviews these |
| reserves annually. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |