Association for Environment Conscious Building (limited by guarantee)
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Registered number: |
05336768
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Balance Sheet |
as at 31 December 2020
|
|
Notes |
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|
2020 |
|
|
2019 |
£ |
£ |
Current assets |
Cash at bank and in hand |
|
|
186,972 |
|
|
66,536 |
|
Creditors: amounts falling due within one year |
3 |
|
(65,568) |
|
|
(10,172) |
|
Net current assets |
|
|
|
121,404 |
|
|
56,364 |
|
Net assets |
|
|
|
121,404 |
|
|
56,364 |
|
|
|
|
|
|
|
|
Capital and reserves |
Carbon Lite Retrofit |
4 |
|
|
6,033 |
|
|
(29,263) |
Carbon Lite |
4 |
|
|
159,383 |
|
|
113,346 |
General reserve |
4 |
|
|
(44,012) |
|
|
(27,719) |
|
|
|
|
|
121,404 |
|
|
56,364 |
|
|
|
|
|
|
|
|
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.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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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.
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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.
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|
|
|
|
G Wilburn |
Director |
Approved by the board on 9 September 2021
|
|
Association for Environment Conscious Building (limited by guarantee)
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Notes to the Accounts |
for the year ended 31 December 2020
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|
|
1 |
Accounting policies |
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Basis of preparation |
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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).
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|
|
Membership subscriptions |
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The company accounts for subscriptions as received as there is no requirement to repay these if a member leaves.
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|
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Creditors |
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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.
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|
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Taxation |
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The company operates as a mutual concern for its members and is therefore only liable to tax on any investment income.
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|
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate.
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|
|
2 |
Employees |
2020 |
|
2019 |
Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
£ |
£ |
|
|
Bank loans and overdrafts (bounce back loan) |
40,000 |
|
- |
|
Taxation and social security costs |
24,968 |
|
9,572 |
|
Other creditors |
600 |
|
600 |
|
|
|
|
|
|
65,568 |
|
10,172 |
|
|
|
|
|
|
|
|
|
|
4 |
Reserves |
General |
Carbon Lite |
Carbon Lite |
Retrofit |
£ |
£ |
£ |
|
At 1 January 2020 |
(27,719) |
|
113,346 |
|
(29,263) |
|
(Deficit)/surplus for the year |
(16,293) |
|
46,037 |
|
35,296 |
|
|
At 31 December 2020 |
(44,012) |
|
159,383 |
|
6,033 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
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Association for Environment Conscious Building (limited by guarantee) is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
30 Linden Road |
|
Earby |
|
Barnoldswick |
|
Lancashire |
|
BB18 6XR |