Abbreviated Company Accounts - FOLLIES TRUST - THE

FOLLIES TRUST - THE - Company Information

Registered Number NI060272

FOLLIES TRUST - THE

Abbreviated Accounts

30 October 2016

FOLLIES TRUST - THE Registered Number NI060272

Abbreviated Balance Sheet as at 30 October 2016

	2016	2015
	£	£
Current assets
Stocks	2,500	-
Debtors	4,335	-
Cash at bank and in hand	36,798	41,820
	43,633	41,820
Creditors: amounts falling due within one year	(300)	(300)
Net current assets (liabilities)	43,333	41,520
Total assets less current liabilities	43,333	41,520
Total net assets (liabilities)	43,333	41,520
Reserves
Income and expenditure account	43,333	41,520
Members' funds	43,333	41,520

For the year ending 30 October 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 22 June 2017

And signed on their behalf by:
Thomas William Atkinson, Director

FOLLIES TRUST - THE Registered Number NI060272

Notes to the Abbreviated Accounts for the period ended 30 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Income represents the total income from fund raising activities and grants received.

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