THE UPTON SCUDAMORE COMMUNITY ASSOCIATION
Company Registration Number:
04954999 (England and Wales)
Report and Accounts
Period of accounts
Start date: 01st December 2014
End date: 30th November 2015
Contents of the Financial Statements
for the Period Ended 30th November 2015
Company Information
Report of the Directors
Profit and Loss Account
Balance sheet
Notes to the Financial Statements
Company Information
for the Period Ended 30th November 2015
Directors: Mr R W Leigh – Chair
Mr B Etherington – Treasurer
Miss R M Gale
Miss M F de Rhe Philipe
M J S Pollard
Mr J C P Tanner
Mrs D Milton
Company Secretary:Mrs S Etherington
Registered office:6 The Orchard
Upton Scudamore
Warminster
Wiltshire
BA12 0DS
Company Registration Number: 04954999 (England and Wales)
Directors' Report Period Ended 30th November 2015
The Directors present their report with the financial statements of the company for the period ended 30th November 2015
Changes to Directors
Mrs Diane Milton - Appointed
Principal activities
The company is a registered charity. The principal activity of the company during the year was the raising of funds for the provision of a community space for the village of Upton Scudamore and related charitable activities.
Brian Etherington
Director
Profit and Loss Account
for the Period Ended 30th November 2015
Notes / 2015£ / 2014
£
Turnover: / 1 / 281 / 40
Gross profit or (loss): / 281 / 40
Administrative expenses: / 248 / 240
Operating profit or (loss): / 33 / -200
Interest receivable and similar income: / 16 / 16
Tax on profit or loss on ordinary activities: / 49 / -184
Tax on profit or (loss) on ordinary activities: / 0 / 0
Profit or (loss) for the financial year: / 49 / -184
The notes form part of these financial statements
Balance sheet
As at 30th November 2015
Notes / 2015£ / 2014
£
Current assets
Debtors: / 2 / 12000 / 12000
Cash at bank and in hand: / 24611 / 24562
Total current assets: / 36611 / 36562
Net current assets (liabilities): / 36611 / 36562
Total assets less current liabilities: / 36611 / 36562
Total net assets (liabilities) / 36611 / 36562
Notes / 2015
£ / 2014
£
Capital and reserves
Profit and Loss account / 36611 / 36562
Total funds / 36611 / 36562
The notes form part of these financial statements
The company is exempt from the requirements relating to preparing audited accounts in accordance with section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the Board of Directors on xxxxxx2016.
SIGNED ON BEHALF OF THE BOARD BY:
……………………………………………………………..
Brian Etherington
(Director)
Notes to the Financial Statements
for the Period Ended 30th November 2015
- Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002).
Turnover policy
The turnover shown in the profit and loss account represents donations received during the year from members of the Association and net receipts from fund raising activities.
Tangible fixed assets depreciation policy
The company does not hold any fixed assets.
Intangible fixed assets amortisation policy
The company does not hold any fixed assets.
Valuation information and policy
The company does not hold any fixed assets.
- Debtors
A loan of £12,000 to the Upton Scudamore PCC was made in 2012 to help fund the conversion of the parish church to form a community space. This was in accordance with the charitable objectives of the Association. The loan is interest free and repayable on demand.