Balance Sheet
The balance sheet provides a snapshot of en-form's monetary worth at the end of our financial year. If you wanted to sell en-form, the balance sheet gives an idea how much you could reasonably expect to charge; but only on November the 30th, 2004. Unlike other financial statements, the balance sheet represents en-form's finances at a single point in time, rather than covering the period of our financial year. You can also compare our balance with last year's figures.
| 2004 | 2003 | ||
|---|---|---|---|
| Fixed Assets | |||
| Furniture, fixtures and fittings | Cost | £1748 | £1942 |
| Depreciation at 10% | £-175 | £-194 | |
| Total | £1573 | £1748 | |
| Current Assets | |||
| Prepayments | £87 | £86 | |
| Cash in Hand and Bank | £40561 | £15697 | |
| Cash at Bank for Restricted Funds | £20090 | £19184 | |
| Total | £60738 | £34967 | |
| Debtors - amounts owed within one year | |||
| Debtor | £6847 | £337 | |
| Total Assets | £69158 | £37052 | |
| Creditors - amounts falling due within one year | |||
| Accruals | £0 | £1184 | |
| Total Assets less Current Liabilities | £69158 | £35868 | |
| Capital Account | |||
| Balance | £69158 | £35868 | |
For the year ended 30th November 2004 the company was entitled to exemption under section 249a(1) of the Companies Act 1985. No members have required the company to obtain an audit to its accounts for the year in question in accordance with section 249b(2).
The Directors acknowledge their resposibility for:
- Ensuring the company keeps account records which comply with section 221.
- Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of its financial year, and of its profit and loss for the financial year in accordance with section 226 and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
Rowly Castiglione
Chairman of Trustees
30 April 2005
