Abbreviated Company Accounts - REETH & DISTRICT COMMUNITY TRANSPORT LTD

Abbreviated Company Accounts - REETH & DISTRICT COMMUNITY TRANSPORT LTD

REETH & DISTRICT COMMUNITY TRANSPORT LTD - Company Information

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Registered Number 05412834

REETH & DISTRICT COMMUNITY TRANSPORT LTD

Abbreviated Accounts

31 March 2016

REETH & DISTRICT COMMUNITY TRANSPORT LTD Registered Number 05412834

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 5,966 7,955
5,966 7,955
Current assets
Debtors 439 416
Cash at bank and in hand 26,041 26,914
26,480 27,330
Creditors: amounts falling due within one year (6,406) (4,613)
Net current assets (liabilities) 20,074 22,717
Total assets less current liabilities 26,040 30,672
Total net assets (liabilities) 26,040 30,672
Reserves
Income and expenditure account 26,040 30,672
Members' funds 26,040 30,672
  • 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.

Approved by the Board on 1 June 2016

And signed on their behalf by:
Mr A Bedford, Director

REETH & DISTRICT COMMUNITY TRANSPORT LTD Registered Number 05412834

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computer Equipment 25% reducing balance
Motor Vehicles 25% reducing balance

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 April 2015 34,044
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 34,044
Depreciation
At 1 April 2015 26,089
Charge for the year 1,989
On disposals -
At 31 March 2016 28,078
Net book values
At 31 March 2016 5,966
At 31 March 2015 7,955