Company Registration No. 07217979 (England and Wales)
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Unaudited accounts
for the year ended 30 September 2017
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Unaudited accounts
Contents
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Company Information
for the year ended 30 September 2017
Directors
Jon Kenneth Luxton
Claire Jane Thomas
Louise Thomas
Gianpiero Molinu
Company Number
07217979 (England and Wales)
Registered Office
Villa House
7 Herbert Terrace
Penarth
South Glamorgan
CF64 2AH
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Statement of financial position
as at
30 September 2017
Cash at bank and in hand
42,707
59,158
Creditors: amounts falling due within one year
(194,592)
(151,887)
Net current liabilities
(83,018)
(12,058)
Net liabilities
(83,018)
(12,058)
Profit and loss account
(83,018)
(12,058)
Members' funds
(83,018)
(12,058)
For the year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 October 2017.
Jon Kenneth Luxton
Director
Company Registration No. 07217979
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Notes to the Accounts
for the year ended 30 September 2017
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras is a private company, limited by guarantee, registered in England and Wales, registration number 07217979. The registered office and principal place of business is Villa House, 7 Herbert Terrace, Penarth, South Glamorgan, CF64 2AH.
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Compliance with accounting standards
The financial statements have been prepared under the historical cost convention and in accordance with the provisions of FRS 102 Section 1A - Small Entities, the Companies Act 2006 and with the Charities Statements of Recommended Practice 2005.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Resources expended are allocated in the Statement of Financial Activities on an accrual basis exclusive of VAT, or inclusive where VAT cannot be recovered.
These include the costs of fundraising.
Support costs are allocated between direct charitable expenditure and support costs on accruals basis, inclusive of any VAT that cannot be recovered.
These include the costs of external scrutiny and costs associated with constitutional and statutory requirements.
Funds held by the charity are either:-
Unrestricted funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
Restricted Funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the Donor or when funds are raised for particular restricted purposes.
Cardiff Wales Lesbian Gay Bisexual Transgender Mardi Gras
Notes to the Accounts
for the year ended 30 September 2017
The financial statements are prepared on an accrual basis thus recognising all liabilities when the charity has committed itself to an expense or contractual obligation.
All income resources are accrued when received.
The Charity is exempt from Corporation Tax on its charitable activities.
Trade debtors
15,686
16,649
Other debtors
53,181
64,022
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
186,802
143,749
Taxes and social security
3,781
1,371
Other creditors
1,409
6,767
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Company limited by guarantee
Pride Cymru is a company limited by guarantee. The guarantors are the Trustees as set out on page 1. The liability is limited to an amount of £1 per member in accordance with the organisations Memorandum and Articles of Association.
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Average number of employees
During the year the average number of employees was 2 (2016: 2).