Registered Number 05841152

A.S.A.P. - AIDS SUPPORT AWARENESS PROJECT

Abbreviated Accounts

30 June 2015

A.S.A.P. - AIDS SUPPORT AWARENESS PROJECT Registered Number 05841152

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 - 81
Investments - -
- 81
Current assets
Stocks - -
Debtors - -
Investments - -
Cash at bank and in hand 1,512 1,912
1,512 1,912
Prepayments and accrued income - -
Creditors: amounts falling due within one year 0 0
Net current assets (liabilities) 1,512 1,912
Total assets less current liabilities 1,512 1,993
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 1,512 1,993
Reserves
Revaluation reserve 0 0
Other reserves 1,512 1,993
Income and expenditure account 0 0
Members' funds 1,512 1,993
  • For the year ending 30 June 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 15 August 2015

And signed on their behalf by:
Abigail Parker, Director
Jeffery Taylor, Director

A.S.A.P. - AIDS SUPPORT AWARENESS PROJECT Registered Number 05841152

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

1Accounting Policies

Basis of measurement and preparation of accounts
1 Accounting Policies

Basis of preparation

The financial statements have been prepared in accordance with applicable Accounting Standards in the United Kingdom, the Accounting Regulations issued under the Charities Act 1993 and the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' published in March 2005. The analysis of income and expenditure has been restated accordingly.

The accounting policies that the Charity has adopted to determine the amounts included in respect of material items shown in the balance sheet and also to determine the income and expenditure have been applied consistently, with the exception of the adoption of SORP 2005, and are shown below.

A.S.A.P.- Aids Support Awareness Project is not registered for Value Added Tax and does not reclaim VAT. Unrecoverable VAT is applied to the cost from which it arises.

Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the charitable objectives of A.S.A.P.- Aids Support Awareness Project. There are no restricted income funds received during the year.

Incoming resources

All incoming resources are accounted for on a receivables basis. Gifts in Kind have been recognised at the Trustee’s best estimate of the cost to have acquired the Gift in the relevant first or second-hand market, or at an estimate of what it has cost the giver to provide a service to the charity.

Resources expended

All expenditure has been accounted for on an accruals basis.

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

3Tangible fixed assets
£
Cost
At 1 July 2014 245
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2015 245
Depreciation
At 1 July 2014 164
Charge for the year 81
On disposals 0
At 30 June 2015 245
Net book values
At 30 June 2015 0
At 30 June 2014 81