Registered Number SC366048
THE SPEY FOUNDATION
Abbreviated Accounts
30 September 2015
Notes | 2015 | 2014 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Debtors | 4 |
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year | 5 |
( |
( |
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Reserves | |||
Other reserves |
|
|
|
Income and expenditure account |
|
|
|
Members' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The Directors are responsible for preparing the annual report and the Accounts in accordance with
applicable law and regulations.
Company Law requires the Directors to prepare Financial Statements for each financial period.
Under the law the Directors have elected to prepare the Accounts in accordance with United
Kingdom Generally Accepted Accounting Practice (United Kingdon Accounting Standards and
of the Company and of the profit and loss of the Company for that period. In preparing these
Accounts the Directors are required to:
· select suitable accounting policies and then apply them consistently;
· make judgements and estimates that are reasonable and prudent;
· prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the Financial Statements comply with section 221 of the Companies Act 2006. They are also responsible for safe guarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
2
Company limited by guarantee
£ | |
---|---|
Cost | |
At 1 October 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2015 |
|
Depreciation | |
At 1 October 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2015 |
|
Net book values | |
At 30 September 2015 | 13,860 |
At 30 September 2014 | 20,653 |
2015
£ |
2014
£ |
|
---|---|---|
Debtors include the following amounts due after more than one year |
|
|
2015
£ |
2014
£ |
|
---|---|---|
Secured Debts |
|
|