Company Registration No. 03673846 (England and Wales)
DEMOCRACY MOVEMENT
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MAY 2016
DEMOCRACY MOVEMENT
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
DEMOCRACY MOVEMENT
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Cash at bank and in hand
5,627
2,561
Creditors: amounts falling due within one year
(8,991)
(11,491)
Total assets less current liabilities
(3,364)
(8,930)
Capital and reserves
Profit and loss account
(3,364)
(8,930)
Shareholders' funds
(3,364)
(8,930)
For the financial Period ended 30 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 26 May 2017
Mr S Coster
Director
Company Registration No. 03673846
DEMOCRACY MOVEMENT
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 MAY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts derived from donations from supporters of the Democracy Movement in the UK.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33% straight line basis