| EAST DUNBARTONSHIRE'S CYCLE CO-OPERATIVE |
| Registered number: |
SC379143 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
22,464 |
|
|
20,162 |
|
| Current assets |
| Debtors |
|
|
29,874 |
|
|
17,947 |
| Cash at bank and in hand |
|
|
6,638 |
|
|
573 |
|
|
|
36,512 |
|
|
18,520 |
|
| Creditors: amounts falling due within one year |
|
|
(25,392) |
|
|
(25,515) |
|
| Net current assets/(liabilities) |
|
|
|
11,120 |
|
|
(6,995) |
|
| Total assets less current liabilities |
|
|
|
33,584 |
|
|
13,167 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(13,143) |
|
|
|
| Net assets |
|
|
|
33,584 |
|
|
24 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
33,584 |
|
|
24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Alan Stevenson |
| Director |
| Approved by the board on 28 December 2015 |
|
| EAST DUNBARTONSHIRE'S CYCLE CO-OPERATIVE |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents Grant income received together with the sales value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment |
33.33% straight line |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
33,207 |
|
Additions |
12,274 |
|
At 31 March 2015 |
45,481 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
13,045 |
|
Charge for the year |
9,972 |
|
At 31 March 2015 |
23,017 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
22,464 |
|
At 31 March 2014 |
20,162 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
|
|
East Dunbartonshire's Cycle Co-operative is a Company limited by guarantee, and therefore there are no shares in issue. |
