Abbreviated Company Accounts - NIRVAN PROJECTS LIMITED

NIRVAN PROJECTS LIMITED - Company Information

07084830 NIRVAN PROJECTS LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 07084830 2012-12-01 2013-11-30 07084830 2013-11-30 07084830 2012-11-30 07084830 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 07084830 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 uk-gaap-cd-bus:Director4 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director4 2013-11-30 uk-gaap-cd-bus:Director4 2012-11-30 iso4217:GBP shares

Registered Number 07084830

NIRVAN PROJECTS LIMITED

Abbreviated Accounts

30 November 2013

NIRVAN PROJECTS LIMITED Registered Number 07084830

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,606	313
		1,606	313
Current assets
Debtors		3,204	3,637
Cash at bank and in hand		5,810	6,652
		9,014	10,289
Creditors: amounts falling due within one year		(5,356)	(5,686)
Net current assets (liabilities)		3,658	4,603
Total assets less current liabilities		5,264	4,916
Provisions for liabilities		(325)	(66)
Total net assets (liabilities)		4,939	4,850
Capital and reserves
Called up share capital		100	4
Profit and loss account		4,839	4,846
Shareholders' funds		4,939	4,850

For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 August 2014

And signed on their behalf by:
Sanmitte Kamrudeen, Director

NIRVAN PROJECTS LIMITED Registered Number 07084830

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of services. The Company is not required to be registered for Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Plant & machinery - 20% (reducing balance)
Computer equipment - 20% (reducing balance)

2Tangible fixed assets

	£
Cost
At 1 December 2012	495
Additions	1,574
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	2,069
Depreciation
At 1 December 2012	182
Charge for the year	281
On disposals	-
At 30 November 2013	463
Net book values
At 30 November 2013	1,606
At 30 November 2012	313

3Transactions with directors

Name of director receiving advance or credit:	Sanmitte Kamrudeen
Description of the transaction:	Loan
Balance at 1 December 2012:	£ 1,651
Advances or credits made:	£ 18,379
Advances or credits repaid:	£ 17,385
Balance at 30 November 2013:	£ 2,645

Name of director receiving advance or credit:	Leslie Kamrudeen
Description of the transaction:	Loan
Balance at 1 December 2012:	£ 1,986
Advances or credits made:	£ 11,700
Advances or credits repaid:	£ 13,127
Balance at 30 November 2013:	£ 559

Various advances and repayments thereof were made throughout the year. The debit balances as at 30th November 2013 were repaid within nine months of the year-end.