The Orchard Community Space and Cafe Lim - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07180917 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 April 2013 to 30 June 2014

for

The Orchard Community Space

and Cafe Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Miss J Fewster

Mrs E M Wright

Ms F A Render

Mrs B M Elm

REGISTERED OFFICE:

The Orchard Centre

210 Orchard Park Road

Hull

East Yorkshire

HU6 9BX

REGISTERED NUMBER:

07180917 (England and Wales)

ACCOUNTANTS:

360 Accountants Limited

Melton Court

Gibson Lane

Melton

Hull

East Yorkshire

HU14 3HH

BANKERS:

National Westminster Bank Plc

34 King Edward Street

Hull

East Yorkshire

HU1 3YN

FIXED ASSETS

Tangible assets

2

-

3,040

CURRENT ASSETS

Stocks

-

474

Debtors

6,728

1,493

Cash at bank and in hand

6,254

56,225

12,982

58,192

CREDITORS

Amounts falling due within one year

-

5,623

NET CURRENT ASSETS

12,982

52,569

TOTAL ASSETS LESS CURRENT LIABILITIES

12,982

55,609

PROVISIONS FOR LIABILITIES

-

608

NET ASSETS

12,982

55,001

RESERVES

Income and expenditure account

12,982

55,001

12,982

55,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 18 September 2014 and were signed on its behalf by:

Miss J Fewster - Director

Ms F A Render - 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 goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

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 April 2013

5,929

Disposals

(5,929

)

At 30 June 2014

-

DEPRECIATION

At 1 April 2013

2,889

Eliminated on disposal

(2,889

)

At 30 June 2014

-

NET BOOK VALUE

At 30 June 2014

-

At 31 March 2013

3,040

3.	SHARE CAPITAL

The company is limited by guarantee and therefore does not have any share capital. In the event of the company

being wound up the contribution of each member is limited to £1.