Abbreviated Company Accounts - BEULAH CHRISTIAN FOUNDATION LIMITED

BEULAH CHRISTIAN FOUNDATION LIMITED - Company Information

Registered Number 03662493

BEULAH CHRISTIAN FOUNDATION LIMITED

Abbreviated Accounts

30 November 2013

BEULAH CHRISTIAN FOUNDATION LIMITED Registered Number 03662493

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	3	9,056	3,328
		9,056	3,328
Current assets
Cash at bank and in hand		2,211	576
		2,211	576
Creditors: amounts falling due within one year		(500)	(500)
Net current assets (liabilities)		1,711	76
Total assets less current liabilities		10,767	3,404
Total net assets (liabilities)		10,767	3,404
Reserves
Income and expenditure account		10,767	3,404
Members' funds		10,767	3,404

For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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.

Approved by the Board on 29 August 2014

And signed on their behalf by:
David Oronsaye, Director

BEULAH CHRISTIAN FOUNDATION LIMITED Registered Number 03662493

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Incoming Resources

All income is credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable.

Restricted Funds

Restricted funds are to be used for specific purposes as specified within the objects of the charity. Expenditure that meets this criterion is identified to the fund, together with a fair allocation of management and support costs.

Unrestricted Funds

Unrestricted funds are donations and other incomes received or generated for the objects of the Charity without further specified purpose and are available for general funds.

Tangible assets depreciation policy
Tangible fixed assets with a value exceeding £100 are recognised in the balance sheet at cost less depreciation calculated at rates intended to write off the excess of the cost over the anticipated residual value of the assets on a straight line basis over their estimated useful economic lives.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 December 2012	3,328
Additions	7,992
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	11,320
Depreciation
At 1 December 2012	-
Charge for the year	2,264
On disposals	-
At 30 November 2013	2,264
Net book values
At 30 November 2013	9,056
At 30 November 2012	3,328