| Age Concern Across Norfolk (Trading) Limited |
| Registered number: |
04305155 |
| Balance Sheet |
| as at 31 March 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
16,260 |
|
|
17,384 |
| Cash at bank and in hand |
|
|
8,734 |
|
|
41,646 |
|
|
|
24,994 |
|
|
59,030 |
|
| Creditors: amounts falling due within one year |
3 |
|
(24,992) |
|
|
(59,028) |
|
| Net current assets |
|
|
|
2 |
|
|
2 |
|
| Net assets |
|
|
|
2 |
|
|
2 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
|
| Shareholders' funds |
|
|
|
2 |
|
|
2 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| A Lavery |
| Director |
| Approved by the board on 5 December 2018 |
|
| Age Concern Across Norfolk (Trading) Limited |
| Notes to the Accounts |
| for the year ended 31 March 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
2,123 |
|
2,079 |
|
Other debtors |
14,137 |
|
15,305 |
|
|
|
|
|
|
16,260 |
|
17,384 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade creditors |
1,213 |
|
3,758 |
|
Other creditors |
23,779 |
|
55,270 |
|
|
|
|
|
|
24,992 |
|
59,028 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Related party transactions |
|
|
Age Concern Across Norfolk (Trading) Limited has directors in common with Age Concern Norfolk (operating as Age UK Norfolk) and Age Concern Norwich (operating as Age UK Norwich). During the year ended 31 March 2018 the company paid fees for rent and other services provided by these related parties. The accumulated surplus (deficit) is the distribution AUKAN made to its shareholders within the year, prior to the end of the financial year 2017/18 and amounted to £15,000 to Age UK Norfolk and £5,000 to Age UK Norwich. The company also provided consultancy support to Age Concern Norfolk. The amounts charged for the year are: |
|
|
Party Charging |
Party Charged |
2018 |
|
2017 |
|
|
|
|
|
|
|
£ |
|
£ |
|
Age Concern Norfolk (operating as Age UK Norfolk) |
Age Concern Across Norfolk (Trading) Ltd |
26,104 |
|
11,601 |
|
|
Age Concern Norwich (operating as Age UK Norwich) |
Age Concern Across Norfolk (Trading) Ltd |
9,627 |
|
5,191 |
|
|
Age Concern Across Norfolk (Trading) Ltd |
Age Concern Norfolk (trading as Age UK Norfolk) |
12,601 |
|
6,720 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Controlling party |
|
|
At 31 March 2018 the company was a joint venture undertaking of Age Concern Norfolk (operating as Age UK Norfolk) and Age Concern Norwich (operating as Age UK Norwich), neither entity is deemed to be the controlling party. |
|
|
| 6 |
Other information |
|
|
Age Concern Across Norfolk (Trading) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
300 St Faiths Road |
|
Old Catton |
|
Norwich |
|
Norfolk |
|
NR6 7BJ |
