Registered Number 09888704

OR (OTKRYTAYA ROSSIA)

Abbreviated Accounts

31 December 2016

OR (OTKRYTAYA ROSSIA) Registered Number 09888704

Abbreviated Balance Sheet as at 31 December 2016

Notes 2016
$
Fixed assets
Tangible assets 3 359,577
359,577
Current assets
Debtors 96,481
Cash at bank and in hand 341,011
437,492
Creditors: amounts falling due within one year (797,069 )
Net current assets (liabilities) (359,577 )
Total assets less current liabilities 0
Total net assets (liabilities) 0

  • For the year ending 31 December 2016 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 19 September 2017

And signed on their behalf by:
N Shachkova, Director

OR (OTKRYTAYA ROSSIA) Registered Number 09888704

Notes to the Abbreviated Accounts for the period ended 31 December 2016

1 Accounting 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 January 2015.

Turnover policy
Turnover represents donations received and income from events.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold: To be depreciated over the term of the leasehold
Plant and machinery: 25% reducing balance method
Fixtures, fittings & equipment: 25% reducing balance method

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

3 Tangible fixed assets
$
Cost
Additions 381,608
Disposals -
Revaluations -
Transfers -
At 31 December 2016 381,608
Depreciation
Charge for the year 22,031
On disposals -
At 31 December 2016 22,031
Net book values
At 31 December 2016 359,577