Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Nagel and Partners Ltd
Contents
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Nagel and Partners Ltd
(Registration number: 08002465)
Abbreviated Balance Sheet at 31 March 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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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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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' deficit |
( |
( |
Approved by the director on
.........................................
Mr N O Nagel
Director
1
Nagel and Partners Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis. The balance sheet is currently overdrawn. The director has indicated that he will continue to support the company financially until it returns to a net assets position.
Turnover
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Website costs |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Computer equipment |
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Office equipment |
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Research and development
Financial instruments
Nagel and Partners Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2015 |
3,900 |
1,088 |
4,988 |
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At 31 March 2016 |
3,900 |
1,088 |
4,988 |
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Depreciation |
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At 1 April 2015 |
3,900 |
447 |
4,347 |
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Charge for the year |
- |
249 |
249 |
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At 31 March 2016 |
3,900 |
696 |
4,596 |
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Net book value |
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At 31 March 2016 |
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At 31 March 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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