Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Nick Smith Associates Limited
Contents
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Nick Smith Associates Limited
(Registration number: 05181619)
Abbreviated Balance Sheet at 31 August 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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N W Smith
Director
1
Nick Smith Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Fixtures and fittings |
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Equipment |
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Computer equipment |
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Deferred tax
Pensions
Nick Smith Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 September 2015 |
67,053 |
67,053 |
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Additions |
17,767 |
17,767 |
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Disposals |
(1,309) |
(1,309) |
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At 31 August 2016 |
83,511 |
83,511 |
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Depreciation |
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At 1 September 2015 |
31,264 |
31,264 |
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Charge for the year |
14,275 |
14,275 |
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Eliminated on disposals |
(228) |
(228) |
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At 31 August 2016 |
45,311 |
45,311 |
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Net book value |
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At 31 August 2016 |
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At 31 August 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Nick Smith Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Related party transactions |
Director's advances and credits |
2016 |
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2015 |
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N W Smith |
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( |
4 |
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30,460 |
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5,908 |
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( |
(37,309) |
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( |
(937) |
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