Abbreviated Company Accounts - VICTORIA CROSS TRUST

VICTORIA CROSS TRUST - Company Information

Registered Number 08143560

VICTORIA CROSS TRUST

Abbreviated Accounts

31 July 2013

VICTORIA CROSS TRUST Registered Number 08143560

Abbreviated Balance Sheet as at 31 July 2013

	Notes	2013
		£
Fixed assets
Tangible assets	3	3,526
		3,526
Current assets
Stocks		970
Debtors		4,298
Cash at bank and in hand		13,494
		18,762
Creditors: amounts falling due within one year		(11,059)
Net current assets (liabilities)		7,703
Total assets less current liabilities		11,229
Total net assets (liabilities)		11,229
Reserves
Income and expenditure account		11,229
Members' funds		11,229

For the year ending 31 July 2013 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 13 October 2014

And signed on their behalf by:
G Stapleton, Director
A D Priestley, Director

VICTORIA CROSS TRUST Registered Number 08143560

Notes to the Abbreviated Accounts for the period ended 31 July 2013

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 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.

Plant and machinery 5 & 15% reducing balance

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

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

3Tangible fixed assets

	£
Cost
Additions	3,825
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2013	3,825
Depreciation
Charge for the year	299
On disposals	-
At 31 July 2013	299
Net book values
At 31 July 2013	3,526