NORTH_HOUSING_CONSULTING_ - Accounts

NORTH HOUSING CONSULTING LIMITED - Company Information

Print Friendly Version

Company Registration No. 08621164 (England and Wales)

NORTH HOUSING CONSULTING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2014

NORTH HOUSING CONSULTING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

NORTH HOUSING CONSULTING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

Notes

Fixed assets

Tangible assets

187

Current assets

Debtors

23,101

Cash at bank and in hand

31,584

54,685

Creditors: amounts falling due within one year

(47,355)

Net current assets

7,330

Total assets less current liabilities

7,517

Capital and reserves

Called up share capital

Profit and loss account

7,515

Shareholders' funds

7,517

For the financial period ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 April 2015

Mr B G Nevin

Director

Company Registration No. 08621164

NORTH HOUSING CONSULTING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents gross invoiced sales of services, recognised when the company obtains the right to consideration, less value added tax payable under a flat rate scheme.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

50% straight line

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

1.6

Value added tax

The company is registered for value added tax and accounts for this using a flat rate scheme. Value added tax recovered under the flat rate scheme is debited to turnover.

Fixed assets

Tangible assets

Cost

At 23 July 2013

Additions

375

At 31 July 2014

375

Depreciation

At 23 July 2013

Charge for the period

188

At 31 July 2014

188

Net book value

At 31 July 2014

187

NORTH HOUSING CONSULTING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 JULY 2014

- 3 -

Share capital

2014

Allotted, called up and fully paid

2 Ordinary of £1 each

During the year 2 ordinary shares of £1 each were allotted and fully paid at par for cash consideration.