Abbreviated Company Accounts - THE TIN HAT CENTRE

THE TIN HAT CENTRE - Company Information

Registered Number 03900665

THE TIN HAT CENTRE

Abbreviated Accounts

31 March 2016

THE TIN HAT CENTRE Registered Number 03900665

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	938,881	952,072
		938,881	952,072
Current assets
Debtors	4	2,171	13,499
Cash at bank and in hand		54,814	15,631
		56,985	29,130
Creditors: amounts falling due within one year	5	(4,539)	(3,679)
Net current assets (liabilities)		52,446	25,451
Total assets less current liabilities		991,327	977,523
Provisions for liabilities		(651)	-
Accruals and deferred income		(18,005)	-
Total net assets (liabilities)		972,671	977,523
Reserves
Other reserves		977,523	989,030
Income and expenditure account		(4,852)	(11,507)
Members' funds		972,671	977,523

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 November 2016

And signed on their behalf by:
Shirley Hawkins, Director

THE TIN HAT CENTRE Registered Number 03900665

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.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost or valuation, less estimated residual value, of all tangible fixed assets with a cost exceeding £500 over their expected useful lives. The rates applicable are:
Buildings 1% on a straight line basis, over the term of a 99 year lease
General equipment 20% on a reducing balance basis
IT equipment 33.3% on a reducing balance basis

Other accounting policies
All material incoming resources have been included on a receivable basis i.e they are included if the date receivable falls within the period covered by these accounts.

The charity does not currently make any pension contributions for its employees.

Resources expended have been analysed using a natural classification.

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

3Tangible fixed assets

	£
Cost
At 1 April 2015	1,173,243
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2016	1,173,243
Depreciation
At 1 April 2015	221,171
Charge for the year	13,191
On disposals	0
At 31 March 2016	234,362
Net book values
At 31 March 2016	938,881
At 31 March 2015	952,072

4Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	2,171	13,499

5Creditors

	2016 £	2015 £
Secured Debts	4,539	3,679