Company Registration No. 08379524 (England and Wales)
NR SURVEYING LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2016
NR SURVEYING LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
NR SURVEYING LTD
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
4,000
6,000
Current assets
Debtors
3,368
-
Cash at bank and in hand
15,363
21,497
18,731
21,497
Creditors: amounts falling due within one year
(21,813)
(20,516)
Net current liabilities/(assets)
(3,082)
981
Total assets less current liabilities
918
6,981
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
818
6,881
Shareholders' funds
918
6,981
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.
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 his 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 22 July 2016
N Raggett
Director
Company Registration No. 08379524
NR SURVEYING LTD
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 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 the value of work completed net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
2
Fixed assets
Intangible assets
£
Cost
At 1 February 2015 & at 31 January 2016
10,000
Depreciation
At 1 February 2015
4,000
Charge for the year
2,000
At 31 January 2016
6,000
Net book value
At 31 January 2016
4,000
At 31 January 2015
6,000
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100
NR SURVEYING LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2016
- 3 -
4
Related party relationships and transactions
Advances and credits to directors
Advances and credits granted to the directors during the year are outlined in the table below:
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
N Raggett -
-
-
3,368
-
3,368
-
3,368
-
-
3,368
The closing balance was repaid in full within 9 months of the year-end.