REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Nankivell & Sons Ltd |
|
Abbreviated Unaudited Accounts |
|
for the Period 21st July 2015 to 30th September 2016 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Nankivell & Sons Ltd |
|
Abbreviated Unaudited Accounts |
|
for the Period 21st July 2015 to 30th September 2016 |
|
|
|
|
|
Nankivell & Sons Ltd (Registered number: 09592915) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Period 21st July 2015 to 30th September 2016 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
Nankivell & Sons Ltd |
|
Company Information |
for the Period 21st July 2015 to 30th September 2016 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
|
|
|
|
|
Nankivell & Sons Ltd (Registered number: 09592915) |
|
Abbreviated Balance Sheet |
30th September 2016 |
|
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
CURRENT ASSETS |
Stocks |
|
Debtors |
|
|
CREDITORS |
Amounts falling due within one year |
|
NET CURRENT ASSETS |
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CREDITORS |
Amounts falling due after more than one
year |
3 |
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
Share premium |
|
Profit and loss account |
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
|
The financial statements were approved by the Board of Directors on
by: |
|
|
|
|
|
|
|
Nankivell & Sons Ltd (Registered number: 09592915) |
|
Notes to the Abbreviated Accounts |
for the Period 21st July 2015 to 30th September 2016 |
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
|
Tangible fixed assets |
|
|
Land and buildings | - |
|
Plant and machinery etc | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
|
The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
capital element of the future payments is treated as a liability. |
|
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
|
Disposals | ( |
) |
At 30th September 2016 |
|
DEPRECIATION |
Charge for period |
|
At 30th September 2016 |
|
NET BOOK VALUE |
At 30th September 2016 |
|
|
3. | CREDITORS |
|
Creditors include the following debts falling due in more than five years: |
|
£ |
Repayable by instalments | 752,979 |
Nankivell & Sons Ltd (Registered number: 09592915) |
|
Notes to the Abbreviated Accounts - continued |
for the Period 21st July 2015 to 30th September 2016 |
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
|
Ordinary | £1 |
|
|
|
period. |
|
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to directors subsisted during the period ended 30th September 2016: |
|
£ |
|
Balance outstanding at start of period |
|
Amounts advanced |
|
Amounts repaid | ( |
) |
Balance outstanding at end of period |
|
|
Interest has been charged on the overdrawn directors loan account at the HMRC approved rate. |
|
The overdrawn directors loan account is repayable to the company on demand. |
|
A dividend of £39,000 was paid to the Directors on 31st January 2017. |