Registered Number 05964653

ACTIVE CHANGE FOUNDATION LIMITED

Abbreviated Accounts

30 April 2015

ACTIVE CHANGE FOUNDATION LIMITED Registered Number 05964653

Abbreviated Balance Sheet as at 30 April 2015

Notes 30/04/2015 31/01/2014
£ £
Fixed assets
Tangible assets 3 25,300 15,660
25,300 15,660
Current assets
Debtors 39,869 156,545
Cash at bank and in hand 27,304 62,783
67,173 219,328
Creditors: amounts falling due within one year (9,817 ) (133,045 )
Net current assets (liabilities) 57,356 86,283
Total assets less current liabilities 82,656 101,943
Total net assets (liabilities) 82,656 101,943
Reserves
Income and expenditure account 82,656 101,943
Members' funds 82,656 101,943

  • For the year ending 30 April 2015 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 October 2015

And signed on their behalf by:
M ARSHAD, Director

ACTIVE CHANGE FOUNDATION LIMITED Registered Number 05964653

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1 Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005, (revised June 2008) (The SORP). The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2008 and the Companies Acts, and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.

Insofar as the SORP requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.

Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with therequirements of the SORP.

The particular accounting policies adopted are set out below.
The financial statements are prepared,on a going concern basis, under the historical cost convention.The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.

Turnover policy
Incoming resources are accounted for on a receivable basis.

Except as described under the 'Deferred Income' accounting policy all grants, including grants for the purchase of fixed assets , are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

Tangible assets depreciation policy
All tangible fixed assets are stated at cost less depreciation.
Items of less than £100 are not capitalised.

Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value ) over their estimated useful economic lives.

Leasehold buildings Over the term of the lease
Fixtures, fittings and office equipment 15% reducing balance
Computer equipment 33.33% straight line

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

3 Tangible fixed assets
£
Cost
At 1 February 2014 35,765
Additions 17,009
Disposals -
Revaluations -
Transfers -
At 30 April 2015 52,774
Depreciation
At 1 February 2014 20,105
Charge for the year 7,369
On disposals -
At 30 April 2015 27,474
Net book values
At 30 April 2015 25,300
At 31 January 2014 15,660