Company Registration No. 02577405 (England and Wales)
11 NORTHOLME ROAD LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2016
11 NORTHOLME ROAD LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
11 NORTHOLME ROAD LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,553
4,553
Current assets
Debtors
339
456
Cash at bank and in hand
976
83
1,315
539
Creditors: amounts falling due within one year
(2,468)
(576)
Net current liabilities
(1,153)
(37)
Total assets less current liabilities
3,400
4,516
Capital and reserves
Called up share capital
3
4,562
4,562
Profit and loss account
(1,162)
(46)
Shareholders' funds
3,400
4,516
For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 20 October 2016
Ms Joanna Lewis
Director
Company Registration No. 02577405
11 NORTHOLME ROAD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Going concern
The Director is going to continue to fund the Company. On this basis, the Director considers it appropriate to prepare the financial statements on the going concern basis.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2015 & at 31 January 2016
4,553
At 31 January 2015
4,553
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
4,562 Ordinary share of £1 each
4,562
4,562