Registered Number 01892910
INDEPENDENT THEATRE COUNCIL LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Reserves | |||
Other reserves |
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Income and expenditure account |
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Members' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Subscriptions are recognised as income in the period to which the membership subscription covers.
Net fees and similar income, including sponsorship and donations, for training and other services are recognised in the same period as the training or services are provided.
All other income is accounted for on an accruals basis.
Tangible assets depreciation policy
Plant and machinery - over four years on a straight line basis
Other accounting policies
Expenditure on fixed assets, other than information technology equipment, is capitalised and
depreciated over four years on a straight line basis.
The Board determines the level of reserves to set aside for specific future purposes or projects and
reviews these reserves annually.
2
Company limited by guarantee
£ | |
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Cost | |
At 1 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 0 |
At 31 March 2015 | 0 |