Abbreviated Company Accounts - HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED

Abbreviated Company Accounts - HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED

HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED - Company Information

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Registered Number 06435955

HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED

Abbreviated Accounts

31 August 2014

HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED Registered Number 06435955

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 15,325 14,034
15,325 14,034
Current assets
Debtors 1,031 1,719
Cash at bank and in hand 65,742 55,049
66,773 56,768
Creditors: amounts falling due within one year (10,428) (1,441)
Net current assets (liabilities) 56,345 55,327
Total assets less current liabilities 71,670 69,361
Total net assets (liabilities) 71,670 69,361
Reserves
Income and expenditure account 71,670 69,361
Members' funds 71,670 69,361
  • For the year ending 31 August 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 24 October 2014

And signed on their behalf by:
Julie Kenan, Director

HIGHLANDS VILLAGE HALL MANAGEMENT ASSOCIATION LIMITED Registered Number 06435955

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings
and equipment - 18% to 25% on written down value

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

3Tangible fixed assets
£
Cost
At 1 September 2013 32,450
Additions 4,282
Disposals -
Revaluations -
Transfers -
At 31 August 2014 36,732
Depreciation
At 1 September 2013 18,416
Charge for the year 2,991
On disposals -
At 31 August 2014 21,407
Net book values
At 31 August 2014 15,325
At 31 August 2013 14,034