Registered Number NI625650
1516 LTD
Abbreviated Accounts
31 August 2015
Notes | 2015 | ||
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£ | |||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
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|
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Current assets | |||
Stocks |
|
||
Cash at bank and in hand |
|
||
|
|||
Creditors: amounts falling due within one year |
( |
||
Net current assets (liabilities) |
( |
||
Total assets less current liabilities |
|
||
Total net assets (liabilities) |
|
||
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
|
||
Shareholders' funds |
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
the year. Turnover is attributable to the one principal activity of the company.
Tangible assets depreciation policy
useful lives using the following rates :
Plant & Machinery : 15% per annum of the net book value
Intangible assets amortisation policy
10 years.
Valuation information and policy
£ | |
---|---|
Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
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At 31 August 2015 |
|
Amortisation | |
Charge for the year |
|
On disposals |
|
At 31 August 2015 |
|
Net book values | |
At 31 August 2015 | 9,000 |
£ | |
---|---|
Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 August 2015 |
|
Depreciation | |
Charge for the year |
|
On disposals |
|
At 31 August 2015 |
|
Net book values | |
At 31 August 2015 | 4,250 |