Registered Number 04626170

ABAYOMI AND OLUYEMISI OPANEYE FOUNDATION

Abbreviated Accounts

30 June 2013

ABAYOMI AND OLUYEMISI OPANEYE FOUNDATION Registered Number 04626170

Abbreviated Balance Sheet as at 30 June 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 50 50
Investments 4 1,000 1,000
1,050 1,050
Current assets
Stocks - -
Debtors - -
Investments 100 100
Cash at bank and in hand 1,050 900
1,150 1,000
Prepayments and accrued income 330 900
Creditors: amounts falling due within one year 0 0
Net current assets (liabilities) 1,480 1,900
Total assets less current liabilities 2,530 2,950
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) 2,530 2,950
Reserves
Revaluation reserve 100 100
Other reserves 1,900 2,350
Income and expenditure account 530 500
Members' funds 2,530 2,950
  • For the year ending 30 June 2013 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 20 December 2013

And signed on their behalf by:
Dr. A. A. Opaneye, Director
Mrs. O. A. Opaneye, Director

ABAYOMI AND OLUYEMISI OPANEYE FOUNDATION Registered Number 04626170

Notes to the Abbreviated Accounts for the period ended 30 June 2013

1Accounting 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 April 2008.

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

3Tangible fixed assets
£
Cost
At 1 July 2012 100
Additions 0
Disposals (50)
Revaluations 50
Transfers 0
At 30 June 2013 100
Depreciation
At 1 July 2012 50
Charge for the year 0
On disposals 0
At 30 June 2013 50
Net book values
At 30 June 2013 50
At 30 June 2012 50

4Fixed assets Investments
At the start of the foundation, this amount was fixed so that it will not be spent.