Abbreviated Company Accounts - IAN NASH LIMITED

Registered Number 01551727

IAN NASH LIMITED

Abbreviated Accounts

31 December 2014

IAN NASH LIMITED Registered Number 01551727

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	42,699	44,053
		42,699	44,053
Current assets
Stocks		41,974	49,394
Debtors		126,423	111,301
Cash at bank and in hand		67,778	69,403
		236,175	230,098
Creditors: amounts falling due within one year		(51,428)	(44,982)
Net current assets (liabilities)		184,747	185,116
Total assets less current liabilities		227,446	229,169
Provisions for liabilities		(5,930)	(5,628)
Total net assets (liabilities)		221,516	223,541
Capital and reserves
Called up share capital		100	100
Profit and loss account		221,416	223,441
Shareholders' funds		221,516	223,541

For the year ending 31 December 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 27 February 2015

And signed on their behalf by:
I G Nash, Director

IAN NASH LIMITED Registered Number 01551727

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Tangible assets depreciation policy
Computer equipment & office machines - 33.3% reducing balance
Plant & Machinery - 20% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2014	104,307
Additions	14,900
Disposals	(14,038)
Revaluations	-
Transfers	-
At 31 December 2014	105,169
Depreciation
At 1 January 2014	60,254
Charge for the year	10,578
On disposals	(8,362)
At 31 December 2014	62,470
Net book values
At 31 December 2014	42,699
At 31 December 2013	44,053