Abbreviated Company Accounts - THE CONSORTIUM OF BENGALI ASSOCIATIONS

Abbreviated Company Accounts - THE CONSORTIUM OF BENGALI ASSOCIATIONS

THE CONSORTIUM OF BENGALI ASSOCIATIONS - Company Information

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Registered Number 03834879

THE CONSORTIUM OF BENGALI ASSOCIATIONS

Abbreviated Accounts

31 March 2014

THE CONSORTIUM OF BENGALI ASSOCIATIONS Registered Number 03834879

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 1,281 1,627
1,281 1,627
Current assets
Cash at bank and in hand 1,998 13,227
1,998 13,227
Creditors: amounts falling due within one year (3,782) (7,160)
Net current assets (liabilities) (1,784) 6,067
Total assets less current liabilities (503) 7,694
Total net assets (liabilities) (503) 7,694
Reserves
Income and expenditure account (503) 7,694
Members' funds (503) 7,694
  • 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 22 December 2014

And signed on their behalf by:
KHALIL KAZI OBE, Director

THE CONSORTIUM OF BENGALI ASSOCIATIONS Registered Number 03834879

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. Accounting and Reporting by Charities Commission issued in April 2005 and applicable Accounting Standard and the Charities Act 1993.

Turnover policy
Grants and Donations are taken to the income and expenditure account on accrual basis.
1.3 Membership fees are taken to the income and expenditure account on a receipt basis.
1.4 The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.
Grants and Donations are taken to the income and expenditure account on accrual basis.
1.3 Membership fees are taken to the income and expenditure account on a receipt basis.
1.4 The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Fixtures, fittings 15% reducing balance and Equipment 25% reducing balance.

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

3Tangible fixed assets
£
Cost
At 1 April 2013 65,207
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 65,207
Depreciation
At 1 April 2013 63,580
Charge for the year 346
On disposals -
At 31 March 2014 63,926
Net book values
At 31 March 2014 1,281
At 31 March 2013 1,627