Abbreviated Company Accounts - GROUNDWORK OLDHAM & ROCHDALE

Abbreviated Company Accounts - GROUNDWORK OLDHAM & ROCHDALE

GROUNDWORK OLDHAM & ROCHDALE - Company Information

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Registered Number 01762088

GROUNDWORK OLDHAM & ROCHDALE

Abbreviated Accounts

31 March 2014

GROUNDWORK OLDHAM & ROCHDALE Registered Number 01762088

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 94,347 82,951
Investments - -
94,347 82,951
Current assets
Stocks 1,775 1,775
Debtors 753,683 1,103,302
Investments - -
Cash at bank and in hand 308,610 76,541
1,064,068 1,181,618
Prepayments and accrued income - -
Creditors: amounts falling due within one year (692,881) (960,251)
Net current assets (liabilities) 371,187 221,367
Total assets less current liabilities 465,534 304,318
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 465,534 304,318
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 465,534 304,318
Members' funds 465,534 304,318
  • 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 31 March 2014

And signed on their behalf by:
Richard Tang, Director

GROUNDWORK OLDHAM & ROCHDALE Registered Number 01762088

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

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
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income, the amount can be quantified with reasonable accuracy and there is certainty of payment to the Trust.

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

3Tangible fixed assets
£
Cost
At 1 April 2013 349,241
Additions 71,057
Disposals (21,700)
Revaluations 0
Transfers 0
At 31 March 2014 398,598
Depreciation
At 1 April 2013 266,290
Charge for the year 45,830
On disposals (7,869)
At 31 March 2014 304,251
Net book values
At 31 March 2014 94,347
At 31 March 2013 82,951