Nottingham BID Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07205523 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Nottingham BID Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J B Allen

NR Fincham

N Tidy

G Williams

D Lucas

T Waldron-Lynch

S Pashley

D Booker

REGISTERED OFFICE:

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

REGISTERED NUMBER:

07205523 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

CURRENT ASSETS

Debtors

209,797

64,132

Cash at bank and in hand

161,084

257,518

370,881

321,650

CREDITORS

Amounts falling due within one year

215,337

208,041

NET CURRENT ASSETS

155,544

113,609

TOTAL ASSETS LESS CURRENT LIABILITIES

155,544

113,609

PROVISIONS FOR LIABILITIES

68,278

40,000

NET ASSETS

87,266

73,609

RESERVES

Income and expenditure account

87,266

73,609

87,266

73,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 April 2015 and were signed on its behalf by:

J B Allen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

at the balance sheet date.

2.	SHARE CAPITAL

The company has no share capital as it is limited by guarantee. The liability of each member is

limited to £1 being the amount each member undertakes to contribute to the assets of the

company in the event of it being wound up while he is a member or within one year after he ceases

to be a member.