Abbreviated Company Accounts - COLERAINE LOCAL ACTION GROUP FOR ENTERPRISE
Abbreviated Company Accounts - COLERAINE LOCAL ACTION GROUP FOR ENTERPRISE
Registered Number NI032244
COLERAINE LOCAL ACTION GROUP FOR ENTERPRISE
Abbreviated Accounts
31 March 2015
COLERAINE LOCAL ACTION GROUP FOR ENTERPRISE Registered Number NI032244
Abbreviated Balance Sheet as at 31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets |
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Tangible assets | 3 |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year | 4 |
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( |
Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
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Provisions for liabilities |
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
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( |
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Reserves | |||
Revaluation reserve |
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Other reserves |
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( |
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Income and expenditure account |
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Members' funds |
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( |
For the year ending 31 March 2015 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
And signed on their behalf by:
COLERAINE LOCAL ACTION GROUP FOR ENTERPRISE Registered Number NI032244
Notes to the Abbreviated Accounts for the period ended 31 March 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixture, fittings and equipment - 15% reducing balance
Other accounting policies
The year;y charge for taxation is based on the profit for the year and is calculated with refernece to the tax rates applying at the balance sheet date.
Government Grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grant towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Going Concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern.
2Company limited by guarantee
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 4,245 |
At 31 March 2014 | 4,995 |
2015
£ |
2014
£ |
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Secured Debts |
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