Warr Chamber Of Commerce & Industry - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02964309 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Warrington Chamber of Commerce &

Industry

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C Daniels

C J Reston

S J Broomhead

N R Schofield

A W A Spiegelberg

P S Kay

Professor T Wheeler

N P Devney

K J Robertson

SECRETARY:

C J Reston

REGISTERED OFFICE:

International Business Centre

Delta Crescent

Westbrook

Warrington

WA5 7WQ

REGISTERED NUMBER:

02964309 (England and Wales)

ACCOUNTANTS:

Voisey & Co

Chartered Accountants

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

FIXED ASSETS

Tangible assets

2

475

712

CURRENT ASSETS

Stocks

763

796

Debtors

9,070

7,692

Cash at bank and in hand

243,888

238,764

253,721

247,252

CREDITORS

Amounts falling due within one year

29,305

19,438

NET CURRENT ASSETS

224,416

227,814

TOTAL ASSETS LESS CURRENT LIABILITIES

224,891

228,526

RESERVES

Profit and loss account

224,891

228,526

224,891

228,526

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 profit or loss 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 29 May 2015 and were signed on its behalf by:

C Daniels - Director

N R Schofield - 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 the total value of amounts invoiced to customers, excluding value added tax, in respect of

services rendered during the year, net of credit notes, returns and any contractually agreed discounts.

Subscription income has been recognised evenly over the subscription period.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

6,102

DEPRECIATION

At 1 January 2014

5,390

Charge for year

237

At 31 December 2014

5,627

NET BOOK VALUE

At 31 December 2014

475

At 31 December 2013

712

3.	LIMITED LIABILITY

The company is limited by guarantee and each member undertakes to contribute £1 in the event that the company

is wound up.