As at
Notes |
2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
(
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(
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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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The notes form part of these financial statements
As at 31 May 2015
Notes |
2015 £ |
2014 £ |
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Reserves | |||
Income and expenditure account: |
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Members funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2015
Basis of measurement and preparation of accounts
These accounts have been prepared on the basis of historic cost in accordance with the Statement of Recommended Practice (SORP 2005) and with the Financial Reporting Standard for Smaller Enterprises (FRSSE 2008)
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
Turnover policy
These are included in the Statement of Financial Activities (SOFA) when the Charity becomes entitled to the resources; the Trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability.
Investment Income
This is included in the accounts when receivable
Tangible fixed assets depreciation policy
These are capitalised if they can be used for more than one year and cost at least £250. They are valued at cost or a reasonable value on receipt. Depreciation is charged at the following rates so as to write off the assets over estimated economic useful lives as follows.
Fixtures and fittings - 10%
Computers - straight line for 3 years
for the Period Ended 31 May 2015
Total | |
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Cost | £ |
01 June 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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31 May 2015: |
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Depreciation | |
01 June 2014: |
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Charge for year: |
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On disposals: |
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Other adjustments: |
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31 May 2015: |
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Net book value | |
31 May 2015: |
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31 May 2014: |
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