Groundwork Dearne Valley
Groundwork Dearne Valley
Registered number: 03086006
Unaudited Financial Statements
For The Year Ended 31 March 2018
Hodgson Finance Ltd
Groundwork Dearne Valley
Unaudited Financial Statements
For The Year Ended 31 March 2018
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Groundwork Dearne Valley
Balance Sheet
As at
31 March 2018
Balance Sheet
Registered number:
03086006
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 7 |
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| PROVISIONS FOR LIABILITIES | |||||
| Provisions For Charges | 8 |
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| NET ASSETS |
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| RESERVES | |||||
| Other reserves |
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| Income and Expenditure Account |
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| MEMBERS' FUNDS | 7,455 | (1,229,266) | |||
Page 1
Groundwork Dearne Valley
Balance Sheet (continued)
As at
31 March 2018
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 pages 3 to 4 form part of these financial statements.
Page 2
Groundwork Dearne Valley
Notes to the Financial Statements
For The Year Ended 31 March 2018
Notes to the Financial Statements
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 Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
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| Computer Equipment |
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1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income and expenditure account, directors report, and notes to the financial statements relating to the income and expenditure account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Tangible Assets
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at |
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| Depreciation | |||
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| Provided during the period |
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| Net Book Value | |||
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5.
Debtors
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other taxes and social security |
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Page 3
Groundwork Dearne Valley
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2018
6.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
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| Accruals and deferred income |
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7.
Creditors: Amounts Falling Due After More Than One Year
| 2018 | 2017 | ||
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| £ | £ | ||
| Amounts owed to related parties |
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8.
Provisions for Liabilities
| Other Provisions | ||
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| £ | ||
| As at |
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| Reversals |
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The provision relates to the Pension deficit as calculated by Mercer plc. Total value reversed on 30th September 2017, due to transfer of remaining employees to Barnsley Metropolitan Borough Council who have taken on the pension deficit in its entirety.
9.
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.
10.
Controlling Party
The company's controlling party is Barnsley Metropolitan Bourough Council .
11.
General Information
Groundwork Dearne Valley Registered number 03086006 is a limited by guarantee company incorporated in England & Wales. The Registered Office is The Nursery, Siemens Close, Sheffield, S9 1UN.
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