Nu Currencies Limited - Limited company accounts 11.7
Nu Currencies Limited - Limited company accounts 11.7
| REGISTERED NUMBER: |
| NU CURRENCIES LIMITED |
| PREVIOUSLY KNOWN AS |
| NU FINANCIAL LIMITED |
| Report of the Directors and |
| Financial Statements |
| for the Year Ended 31 December 2014 |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| NU CURRENCIES LIMITED |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Company Information |
| for the Year Ended 31 December 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Report of the Directors |
| for the Year Ended 31 December 2014 |
| The directors present their report with the financial statements of the company for the year ended 31 December 2014. |
| CHANGE OF NAME |
| The company passed a special resolution on Nu Currencies Limited. |
| DIRECTORS |
| The directors shown below have held office during the whole of the period from 1 January 2014 to the date of |
| this report. |
| Other changes in directors holding office are as follows: |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 |
| relating to small companies. |
| ON BEHALF OF THE BOARD: |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Profit and Loss Account |
| for the Year Ended 31 December 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| TURNOVER |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Balance Sheet |
| 31 December 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Profit and loss account | 8 | ( |
) |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on behalf by: |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2014 | 2013 |
| £ | £ |
| Depreciation - owned assets |
| Pension costs |
| Directors' remuneration and other benefits etc |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 2014 | 2013 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| NU CURRENCIES LIMITED (REGISTERED NUMBER: 07605415) |
| PREVIOUSLY KNOWN AS NU FINANCIAL LIMITED |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2014 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2014 |
| Additions |
| At 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2014 | 2013 |
| £ | £ |
| Other debtors | 4,116 | 35,009 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2014 | 2013 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 8. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 January 2014 | ( |
) |
| Profit for the year |
| At 31 December 2014 |