Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

VALLEY CONSERVATION LIMITED - Company Information

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VALLEY CONSERVATION LIMITED

Company Registration Number:
04286568 (England and Wales)

Report of the Directors and Unaudited Financial Statements
Company limited by guarantee

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

VALLEY CONSERVATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2016

Company Information
Report of the Directors
Income And Expenditure Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

VALLEY CONSERVATION LIMITED

Company Information

for the Period Ended 31 March 2016




Director: B.W.Cornwell
B.Stovell
Mrs J.E.Holman
Mrs J.Lee
A.J.Smith
D.W.Usmar
D.I.Fleck
Mrs D.Collins
Secretary: A.J.Smith
Registered office: Bockingford House
Cripple Street
Maidstone
Kent
ME15 6DN
Company Registration Number: 04286568 (England and Wales)

VALLEY CONSERVATION LIMITED

Directors' Report Period Ended 31 March 2016

The directors present their report with the financial statements of the company for the period ended 31 March 2016

Principal activities

The principal activity continued to be the management using mainly voluntary labour of the Lower Loose Valley and of the Hayle Park Nature Reserve.

Directors
 The directors shown below have held office during the whole of the period from
01 April 2015 to 31 March 2016
B.W.Cornwell
B.Stovell
Mrs J.E.Holman
Mrs J.Lee
A.J.Smith
D.W.Usmar
D.I.Fleck
Mrs D.Collins

Political and charitable donations

No political or charitable donations were made.

Company policy on the employment of disabled persons

The company employs fewer than 150 people.

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 04 May 2016
And Signed On Behalf Of The Board By:

Name: A.J.Smith
Status: Director

VALLEY CONSERVATION LIMITED

Income and Expenditure Account

for the Period Ended 31 March 2016


Notes
2016
£
2015
£
Turnover: 0 0
Cost of sales: 0 0
Gross surplus: 0 0
Administrative expenses: ( 13 ) ( 13 )
Other operating income: 2,913 2,900
Operating surplus/deficit: 2,900 2,887
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Surplus/deficit on ordinary activities before taxation: 2,900 2,887
Tax on surplus/deficit on ordinary activities: 0 0
Surplus/deficit for the financial year: 2,900 2,887

The notes form part of these financial statements

VALLEY CONSERVATION LIMITED

Statement of total recognised gains and losses

The company does not have any gains and losses other than Income and expenditure for the period to report

VALLEY CONSERVATION LIMITED

Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 62,200 62,200
Total fixed assets: 62,200 62,200
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 24 24
Total current assets: 24 24
Creditors: amounts falling due within one year: ( 2,900 ) ( 2,900 )
Net current assets (liabilities): ( 2,876 ) ( 2,876 )
Total assets less current liabilities: 59,324 59,324
Creditors: amounts falling due after more than one year: ( 33,200 ) ( 36,100 )
Provision for liabilities: 0 0
Total net assets (liabilities): 26,124 23,224

The notes form part of these financial statements

VALLEY CONSERVATION LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Reserves
Revaluation reserve: 0 0
Income and expenditure account: 3 26,124 23,224
Members funds: 26,124 23,224

For the year ending 31 March 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 04 May 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: A.J.Smith
Status: Director

The notes form part of these financial statements

VALLEY CONSERVATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention.

    Turnover policy

    Turnover comprises the amounts derived from the provision of goods and services in the normal course of business.

    Tangible fixed assets depreciation policy

    No depreciation has been charged on tangible fixed assets since the only asset held by the company is freehold land.

    Intangible fixed assets amortisation policy

    There are no intangible assets.

    Other accounting policies

    Grants: Grants are credited to deferred income. Grants towards capital expenditure are released to the Profit and Loss Account over the expected useful life of the asset. For land purchases, a period of 20 years is used. Grants towards revenue expenditure are released to the Profit and Loss Account as the related expenditure is incurred.

VALLEY CONSERVATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Land and buildings Plant and Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    01 April 2015: 62,200 - - - - 62,200
    Additions: 0 - - - - 0
    Disposals: 0 - - - - 0
    Revaluations: 0 - - - - 0
    Transfers: 0 - - - - 0
    31 March 2016: 62,200 - - - - 62,200
    Depreciation
    01 April 2015: - - - - - 0
    Charge for year: 0 - - - - 0
    On disposals: 0 - - - - 0
    Other adjustments: 0 - - - - 0
    31 March 2016: 0 - - - - 0
    Net book value
    31 March 2016: 62,200 - - - - 62,200
    31 March 2015: 62,200 - - - - 62,200

VALLEY CONSERVATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 3. Income and expenditure account


    2016
    £
    2015
    £
    Opening balance: 23,224 20,337
    Surplus or (deficit) for period: 2,900 2,887
    Retained: 26,124 23,224

VALLEY CONSERVATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 4. Company limited by guarantee

    The company is limited by guarantee and consequently does not have share capital.