Company Registration No. 06994509 (England and Wales)
NDC HRIS SOLUTIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2016
NDC HRIS SOLUTIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
NDC HRIS SOLUTIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2016
31 August 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
551
550
Current assets
Debtors
82,212
52,367
Cash at bank and in hand
800
2,658
83,012
55,025
Creditors: amounts falling due within one year
(67,857)
(36,305)
Net current assets
15,155
18,720
Total assets less current liabilities
15,706
19,270
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
15,705
19,269
Shareholders' funds
15,706
19,270
For the financial year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her 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 31 May 2017
Miss N Dai Chanelle
Director
Company Registration No. 06994509
NDC HRIS SOLUTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 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 January 2015).
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 services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Computer equipment
50% Straight Line.
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2015
1,100
Additions
1,103
At 31 August 2016
2,203
Depreciation
At 1 September 2015
550
Charge for the year
1,102
At 31 August 2016
1,652
Net book value
At 31 August 2016
551
At 31 August 2015
550
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1
NDC HRIS SOLUTIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2016
- 3 -
4
Transactions with directors
At the year end, the director owed £72,623 (2015: £46,360) to the company.