21st Century Thame Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05842686 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

21st Century Thame Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Woodman

S Martin-Downhill

REGISTERED OFFICE:

6a St Andrews Court

Wellington Street

Thame

Oxfordshire

OX9 3WT

REGISTERED NUMBER:

05842686 (England and Wales)

ACCOUNTANTS:

Fizz Accounting Limited

6a St Andrews Court

Wellington Street

Thame

Oxfordshire

OX9 3WT

FIXED ASSETS

Tangible assets

3

497

-

CURRENT ASSETS

Debtors

4

1,053

1,142

Cash at bank

11,470

12,029

12,523

13,171

CREDITORS

Amounts falling due within one year

5

5,537

7,817

NET CURRENT ASSETS

6,986

5,354

TOTAL ASSETS LESS CURRENT LIABILITIES

7,483

5,354

RESERVES

Income and expenditure account

7,483

5,354

7,483

5,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 March 2019 and were signed on its behalf by:

P Woodman - Director

1.	STATUTORY INFORMATION

21st Century Thame Limited is a private company, limited by guarantee , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

497

At 30 June 2018

497

NET BOOK VALUE

At 30 June 2018

497

No depreciation has been provided for this year as the assets acquired with the company's own funds had not yet been

brought into use.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Other debtors

1,053

1,142

Other Debtors includes £1,053 (2017: £577) of insurance expenses paid in advance.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade creditors

634

1

Taxation and social security

644

444

Other creditors

4,259

7,372

5,537

7,817

Other Creditors includes the following items -

1) Monies held on behalf of the Environment Group Sub-committee of £246 (2017: £246) and the Thame Carnival of £3,478

(2017: £5,225).

2) Government grant income received in this, and prior, years that had not yet been used for its specified purpose of £155

(2017: £1,461).

3) Income for equipment rentals that was received in advance of £80 (2017: £140).

4) An accrual of accountancy fees of £300 (2017: £300).

6.	ULTIMATE CONTROLLING PARTY

The company was controlled by its directors throughout the year.

7.

GUARANTEE

Every member of the company undertakes to contribute to the assets of the company, in the event of the same being

wound up while he is a member, or within one year after he ceases to be a member, for payment of the debts and liabilities

of the company contracted before he ceases to be a member, and of the costs, charges and expenses of winding up and for

the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £1.