Registered Number 03847936
ACADEMY OF SOCIAL SCIENCES
Abbreviated Accounts
31 December 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets |
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Tangible assets | 3 |
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Investments |
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Current assets | |||
Stocks |
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Debtors | 4 |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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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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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Reserves | |||
Revaluation reserve |
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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
Tangible assets depreciation policy
Other accounting policies
Restricted funds are those funds which may only be applied to purpopses specified by the donor. Details of Restricted Funds are set out in Note 13 to the financial statements.
All Incoming Resources are included in the Statement of Financial Activities when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended: All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources. During the year the allocation of costs have been re-examined and the split between the categories revised. The comparatives for the preceding year have also been revised but the total remains unchanged.
Cashflow. The Charity has taken advantage of the exemptions available under Financial Reporting Standard No. 1 and has not produced a cashflow statement.
2
Company limited by guarantee
£ | |
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Cost | |
At 1 January 2014 |
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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 December 2014 |
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Depreciation | |
At 1 January 2014 |
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Charge for the year |
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On disposals |
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At 31 December 2014 |
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Net book values | |
At 31 December 2014 | 1,053 |
At 31 December 2013 | 75 |
2014
£ |
2013
£ |
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Debtors include the following amounts due after more than one year |
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