| The Tricon Foundation |
| Registered number: |
04349742 |
| Abbreviated Balance Sheet |
| as at 30 June 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
269 |
|
|
371 |
|
| Current assets |
| Debtors |
|
|
215 |
|
|
215 |
| Cash at bank and in hand |
|
|
898 |
|
|
964 |
|
|
|
1,113 |
|
|
1,179 |
|
| Creditors: amounts falling due within one year |
|
|
(16,275) |
|
|
(20,413) |
|
| Net current liabilities |
|
|
|
(15,162) |
|
|
(19,234) |
|
| Net liabilities |
|
|
|
(14,893) |
|
|
(18,863) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
(14,893) |
|
|
(18,863) |
|
| Shareholder's funds |
|
|
|
(14,893) |
|
|
(18,863) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| Brian Edward Cox |
| Director |
| Approved by the board on 17 March 2016 |
|
| The Tricon Foundation |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 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 the 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. |
|
|
Plant and machinery |
25% reducing balance |
|
Office equipment |
50% reducing balance |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2014 |
28,329 |
|
At 30 June 2015 |
28,329 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2014 |
27,958 |
|
Charge for the year |
102 |
|
At 30 June 2015 |
28,060 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2015 |
269 |
|
At 30 June 2014 |
371 |
|
|
|
|
|
|
|
|
| 3 |
Contingent liability |
|
|
Mr. Brian Cox, founder/director of the organisation, has provisionally forgiven the company of its initial funding by him prior to incorporation (£12,295). The company undertakes to repay the amount should it ever achieve sufficient surpluses in the future. |
|
|
| 4 |
Restricted funds |
|
|
The company neither received nor deployed funds solely intended for restricted purposes during the year. |
