Abbreviated Company Accounts - AMISFIELD PRESERVATION TRUST

AMISFIELD PRESERVATION TRUST - Company Information

Registered Number SC199773

AMISFIELD PRESERVATION TRUST

Abbreviated Accounts

31 March 2014

AMISFIELD PRESERVATION TRUST Registered Number SC199773

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	3	47,151	49,953
Investments		-	-
		47,151	49,953
Current assets
Stocks		-	-
Debtors		7,161	-
Investments		-	-
Cash at bank and in hand		13,612	1,615
		20,773	1,615
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(15,750)	0
Net current assets (liabilities)		5,023	1,615
Total assets less current liabilities		52,174	51,568
Creditors: amounts falling due after more than one year		0	(3,750)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		52,174	47,818
Reserves
Revaluation reserve		0	0
Other reserves		52,174	47,818
Income and expenditure account		0	0
Members' funds		52,174	47,818

For the year ending 31 March 2014 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 30 September 2014

And signed on their behalf by:
Kate Rycroft, Director
Clare Scott, Director

AMISFIELD PRESERVATION TRUST Registered Number SC199773

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The Financial Statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2000), and the Companies Act 2006.

Turnover policy
None

Tangible assets depreciation policy
Individual fixed assets costing £500 or more are capitalised. Tangible fixed assets are depreciated on a straight line basis over the estimated useful lives (5 years for plant and machinery and 50 years for the septic tank and the costs associated with the multi-purpose building). Depreciation is not charged in the year of acquisition.

Intangible assets amortisation policy
None

Other accounting policies
Funds held by the charity are either unrestricted general funds which can be used in accordance with the charitable objects, or designated funds which are set aside by the Trustees for specific future purposes or restricted funds that can only be used for particular purposes within the objects of the charity.
Donations and Grants Income from donations and grants is included in incoming resources except as follows:
• When donors specify that donations and grants must be used for future accounting periods, the income is deferred until those periods.
• When donors impose conditions which have been fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions for use have been met.
• When donors specify that donations and grants are for particular restricted purposes which do not amount to pre-conditions to entitlement, this income is included in incoming resources of restricted funds when receivable.
Cash At Bank Includes adjustment for cheques written, but not cashed, before the year-end.

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

3Tangible fixed assets

	£
Cost
At 1 April 2013	49,953
Additions	0
Disposals	0
Revaluations	0
Transfers	-
At 31 March 2014	49,953
Depreciation
At 1 April 2013	-
Charge for the year	2,802
On disposals	-
At 31 March 2014	2,802
Net book values
At 31 March 2014	47,151
At 31 March 2013	49,953