REGISTERED NUMBER: 03358612 (England and Wales)

Financial Statements

for the Year Ended 31 March 2017

for

Dingle Multi Agency Centre Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Davies

I Khan

A Chin

A Hewitt

SECRETARY:

Mrs D J Bernard

REGISTERED OFFICE:

15 High Park Street

Toxteth

Liverpool

Merseyside

L8 8JX

REGISTERED NUMBER:

03358612 (England and Wales)

ACCOUNTANTS:

Sloan & Co.

Chartered Accountants

Granite Buildings

6 Stanley Street

Liverpool

Merseyside

L1 6AF

FIXED ASSETS

Tangible assets

3

223,880

230,548

CURRENT ASSETS

Debtors

1,643

3,258

Cash at bank and in hand

4,274

16

5,917

3,274

CREDITORS

Amounts falling due within one year

12,337

11,490

NET CURRENT LIABILITIES

(6,420

)

(8,216

)

TOTAL ASSETS LESS CURRENT LIABILITIES

217,460

222,332

CREDITORS

Amounts falling due after more than one year

4

40,000

40,000

NET ASSETS

177,460

182,332

RESERVES

Retained earnings

177,460

182,332

177,460

182,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 December 2017 and were signed on its behalf by:

T Calderbank - Director

1.	STATUTORY INFORMATION

Dingle Multi Agency Centre Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Incoming resources

Incoming resources represent grants received and contributions received towards the costs of running the

resource centre.

Resources expended

Direct charitable expenditure comprises all expenditure incurred directly on charitable objectives. Fundraising

and publicity costs comprise those costs incurred in raising funds for the charity and promoting its public profile.

Management and administration of the charity consists of those costs incurred on central management and

administration, which are not directly attributable to the charitable activities or to fundraising.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

341,081

DEPRECIATION

At 1 April 2016

110,533

Charge for year

6,668

At 31 March 2017

117,201

NET BOOK VALUE

At 31 March 2017

223,880

At 31 March 2016

230,548

4.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2017

2016

£

£

Repayable otherwise than by instalments

Liverpool City Council

40,000

40,000

This amount represents a loan from Liverpool City Council which will only fall due for repayment in the event

that the company ceases to operate as a community resource centre. The directors do not anticipate that this will

occur for the foreseeable future. No interest is chargeable on this loan.