2014-05-31 – Accounts for year ending

TRESA COMMUNITY INTEREST COMPANY (No. 6586130)
Accounts for year ended 31 May 2014

 

Balance sheet as at 31 May 2014

2014 2013
£ £
Tangible fixed assets

Computer

Secure storage shed

Gazebo

Tables and chairs

Audio-visual equipment

1500.00

7.50

7.50

4125.00

2000.00

10.00

10.00

5500.00

Current assets
Debtors
Cash at bank and in hand 3911.26 7664.89
Creditors: amounts due within one year
Net current assets 3911.26 7664.89
Net assets 9551.26 15184.89
Capital and reserves 9551.26 15184.89
Total reserves 9551.26 15184.89


For the year ending 31 May 2014 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question 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 directors on 26 January 2015 and signed on their behalf by

 

Suzanne Audrey

Chair

 

Notes

Depreciation is calculated so as to write off the cost of an asset, less the estimated residual value, over the useful economic life of that asset as 25% on straight line basis.

 

 

Trading profit and loss account
Notes 2014 2013
£ £
Opening balance 7664.89 144.14
Income
Grant income 1530.00 22486.29
Donations 731.00 15.60
Subscriptions 186.00 146.60
Newsletter sponsorship 62.00 0
Advertising 233.00 227.00
Book sales 40.00 30.00
Other income 0 20.00
Total income 2782.00 22925.49
Costs of projects
Publishing 824.00 1024.00
Virtual community centre 4810.00
Environmental projects 100.00 18204.72
Garden competition 412.07 500.00
Total costs of projects 6146.07 19728.72
Gross profit (loss) Total turnover less project costs (3364.07) 3196.77
Administrative expenses
Insurance 359.47 373.80
Companies House fees 15.00 15.00
Stationery and postage 0 0
Internet hosting fees 19.55 0
Miscellaneous expenses 0 135.00
Total administrative expenses 394.02 523.80
Operating profit (loss) Gross profit less expenses (3758.09) 2672.97
Interest receivable
Bank interest 4.46
Profit on ordinary activities before taxation Operating profit plus interest (3753.63) 2675.02