Bampton Bush Centre |
Notes to the Accounts |
for the year ended 31 July 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Investments |
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The charity's investments are held in funds managed by COIF. The fund provides income on a quarterly basis. The charity considers the investments to be held for the long term. At the balance sheet date the market value of the funds was a little over £97,703. |
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Other |
investments |
£ |
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Cost |
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At 1 August 2023 |
49,834 |
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Disposals |
(3,664) |
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At 31 July 2024 |
46,170 |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Other creditors |
- |
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1 |
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5 |
Other information |
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Bampton Bush Centre is a private company limited by shares and incorporated in England. Its registered office is Castle View, Bampton, Oxfordshire: |
6 |
Revenue reserves |
2024 |
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2023 |
£ |
£ |
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Balance brought forward at 1 August 2023 |
51,400 |
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60,406 |
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Income and expenditure account |
391 |
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(9,006) |
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Balance carried forward 31 July 2024 |
51,791 |
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51,400 |
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