Nicola Morrison Interiors Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07531813 (England and Wales)

Abbreviated Accounts for the Year Ended 31 August 2014

for

Nicola Morrison Interiors Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss N A Morrison

SECRETARY:

R D Hazell

REGISTERED OFFICE:

The Stables

Chestnut Farm

Cuxham

Watlington

Oxfordshire

OX49 5ND

REGISTERED NUMBER:

07531813 (England and Wales)

ACCOUNTANTS:

N R Bennett Ltd

The Stables

Chestnut Farm

Cuxham

Watlington

Oxfordshire

OX49 5ND

FIXED ASSETS

Tangible assets

2

7,106

8,848

CURRENT ASSETS

Debtors

14,658

7,737

Cash at bank

3,026

2,678

17,684

10,415

CREDITORS

Amounts falling due within one year

13,070

14,110

NET CURRENT ASSETS/(LIABILITIES)

4,614

(3,695

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,720

5,153

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

11,719

5,152

SHAREHOLDERS' FUNDS

11,720

5,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 April 2015 and were signed by:

Miss N A Morrison - Director

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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

12,235

DEPRECIATION

At 1 September 2013

3,387

Charge for year

1,742

At 31 August 2014

5,129

NET BOOK VALUE

At 31 August 2014

7,106

At 31 August 2013

8,848

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

1

Ordinary

£1

1

1