Abbreviated Company Accounts - NEWLOFTS LIMITED

Abbreviated Company Accounts - NEWLOFTS LIMITED


Registered Number 06914560

NEWLOFTS LIMITED

Abbreviated Accounts

31 May 2014

NEWLOFTS LIMITED Registered Number 06914560

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 25,021 33,361
25,021 33,361
Current assets
Debtors 38,450 22,500
Cash at bank and in hand 20,112 8,170
58,562 30,670
Creditors: amounts falling due within one year (39,411) (47,458)
Net current assets (liabilities) 19,151 (16,788)
Total assets less current liabilities 44,172 16,573
Total net assets (liabilities) 44,172 16,573
Capital and reserves
Called up share capital 100 100
Profit and loss account 44,072 16,473
Shareholders' funds 44,172 16,573
  • For the year ending 31 May 2014 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 11 February 2015

And signed on their behalf by:
D LEGGE, Director

NEWLOFTS LIMITED Registered Number 06914560

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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.

2Tangible fixed assets
£
Cost
At 1 June 2013 33,361
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 33,361
Depreciation
At 1 June 2013 -
Charge for the year 8,340
On disposals -
At 31 May 2014 8,340
Net book values
At 31 May 2014 25,021
At 31 May 2013 33,361