New Europeans Association Limited
New Europeans Association Limited
Registered number: 08646628
Unaudited Financial Statements
For The Year Ended 31 March 2018
Nigel Ricks & Company Ltd
Chartered Accountants
Rose Villa
42 Glebe Street
Loughborough
Leicestershire
LE11 1JR
New Europeans Association Limited
Balance Sheet
As at
31 March 2018
Balance Sheet
Registered number:
08646628
2018 | 2017 | ||
---|---|---|---|
£ | £ | ||
Current assets |
|
|
|
Prepayments and accrued income |
|
|
|
Creditors: Amounts Falling Due Within One Year |
( |
( |
|
NET CURRENT ASSETS |
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
Accruals and deferred income |
( |
( |
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
|
|
|
Notes
1.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2018 | 2017 | ||
---|---|---|---|
Office and administration |
|
|
|
|
|
||
2.
Supplementary Notes To Accompany The Financial Statements
Grants and Membership Fees
The income section of the financial statements has been fragmented into different income sources. This should assist with identification of grants received, all other incomes have been allocated to a new “memberships, donations and online shop income” heading.
Average Number of Employees
The average number of employees note is required to be specified under Company Law; this number includes however both paid employees and directors (unpaid). The figures for 2016/17 and 2017/18 of average employees include, out of the respective totals of 15 and 10 employees shown, respectively 12 and 8 unpaid directors. In 2016/17, New Europeans Association Limited had an average of 3 paid employees and of 2 in 2017/18.
The total of salaries shown for the 2017/18 financial year (£17,641.44) covers 2 part-time employees, one working on a 3 day a week basis and the other on a 1 day a week basis.
Rent
The cost of rent for use of New Europeans Association Limited’s registered office is £270 per quarter; the accounts also include a delayed payment for quarter 4 of the 2016/17 financial year, making a total of £1,412.28. Other payments, of £674.50, cover premises hire for external events.
Advertising and Marketing Costs
This item covers expenses for the organisation of events, delivery of printed material when required, and fees for crowdfunding operations.
Consultancy fees
During the course of the year, New Europeans Association Limited used the services of a number of consultants, principally for social media work and for specific project activities.
New Europeans Association Limited
Balance Sheet (continued)
As at
31 March 2018
3.
General Information
New Europeans Association Limited Registered number 08646628 is a limited by guarantee company incorporated in England & Wales. The Registered Office is London Sustainability Exchange, 84 Long Lane, London, SE1 4AU.
Directors' responsibilities:
-
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 micro-entity provisions in the Companies Act 2006, Pt. 15 and FRS 105 the Financial Reporting Standard applicable to the Micro-entities Regime. - These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
|
|
Page 1