Christian Legal Centre Ltd
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Registered number: |
06387800
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Balance Sheet |
as at 30 June 2017
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|
Notes |
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2017 |
|
|
2016 |
£ |
£ |
Current assets |
Debtors |
3 |
|
2,924 |
|
|
- |
Cash at bank and in hand |
|
|
258 |
|
|
5,044 |
|
|
|
3,182 |
|
|
5,044 |
|
Creditors: amounts falling due within one year |
4 |
|
(7,783) |
|
|
(6,482) |
|
Net current liabilities |
|
|
|
(4,601) |
|
|
(1,438) |
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Net liabilities |
|
|
|
(4,601) |
|
|
(1,438) |
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
(4,601) |
|
|
(1,438) |
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Shareholders' funds |
|
|
|
(4,601) |
|
|
(1,438) |
|
|
|
|
|
|
|
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The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
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|
AR Wiliams |
Director |
Approved by the board on 12 September 2017
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|
Christian Legal Centre Ltd
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Notes to the Accounts |
for the year ended 30 June 2017
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|
1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Turnover |
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Turnover represents the value of grants and donations received from various sources including, income from campaigns and reimbursements from and the company's associated not for profit company
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|
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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|
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate.
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2 |
Employees |
2017 |
|
2016 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2017 |
|
2016 |
£ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
100 |
|
- |
|
Other debtors |
2,824 |
|
- |
|
|
|
|
|
|
2,924 |
|
- |
|
|
|
|
|
|
|
|
|
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4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
£ |
£ |
|
|
Trade creditors |
6,594 |
|
4,374 |
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Other taxes and social security costs |
1,189 |
|
2,108 |
|
|
|
|
|
|
7,783 |
|
6,482 |
|
|
|
|
|
|
|
|
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5 |
Other information |
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Christian Legal Centre Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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70 Wimpole Street |
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London |
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W1G 8AX |
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6 |
Ultimate controlling party |
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There is no overall controlling company, but there is a common director in the associated not for profit and charitable companies. |
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7 |
Going Concern |
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The financial statements have been prepared on the going concern basis on the directors assumption that this not for profit company will continue to meet its obligations as they fall due. |
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This depends on sympathetic individuals and Christian groups continuing to donate gifts to fund CLC's working capital requirements. |
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These donations are vital for the survival and on going function of the company until income streams can be increased, or funds injected by strategic partners to fund the accumulated deficit. |
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At the date that the accounts were approved the company was still fully operational and that the year end creditors had been satisfied by subsequent donations. |