Company Registration No. 9553129 (England and Wales)
THE COMMUNITY SHARES COMPANY lTD
Abbreviated unaudited accounts
for the period from 21 April 2015 to 31 March 2016
THE COMMUNITY SHARES COMPANY lTD
Abbreviated Balance Sheet
as at
31 March 2016
Cash at bank and in hand
13,697
Creditors: amounts falling due within one year
(28,502)
Net current liabilities
(8,616)
Called up share capital
2
Profit and loss account
31
Total shareholders' funds
33
For the period ending 31 March 2016 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 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 15 April 2016
Dave Boyle
Director
Company Registration No. 9553129
THE COMMUNITY SHARES COMPANY lTD
Notes to the Abbreviated Accounts
for the period from 21 April 2015 to 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2016).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual
value, of each asset evenly over its expected useful life, as follows:
Computer equipment
33.3% per annum straight line
2
Intangible fixed assets
Goodwill
Charge for the year
2,000
3
Tangible fixed assets
Computer equipment
THE COMMUNITY SHARES COMPANY lTD
Notes to the Abbreviated Accounts
for the period from 21 April 2015 to 31 March 2016
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2