Company Registration No. 04653068 (England and Wales)
NICOLA MORGAN LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2015
NICOLA MORGAN LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
NICOLA MORGAN LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2015
31 January 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
3,053
3,746
Current assets
Stocks
400
287
Cash at bank and in hand
7,554
5,444
7,954
5,731
Creditors: amounts falling due within one year
(10,068)
(13,277)
Net current liabilities
(2,114)
(7,546)
Total assets less current liabilities
939
(3,800)
Provisions for liabilities
(434)
-
505
(3,800)
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
495
(3,810)
Shareholders' funds
505
(3,800)
For the financial year ended 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her 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 7 April 2015
Mrs N Morgan
Director
Company Registration No. 04653068
NICOLA MORGAN LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2015
- 2 -
1
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
Turnover
Turnover represents net invoiced sales of goods and services (excluding VAT).
1.3
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:
Plant and machinery
20% Reducing Balance
Fixtures, fittings & equipment
10% Straight Line
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2014 & at 31 January 2015
8,615
Depreciation
At 1 February 2014
4,869
Charge for the year
693
At 31 January 2015
5,562
Net book value
At 31 January 2015
3,053
At 31 January 2014
3,746
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
10 Ordinary shares of £1 each
10
10
2015-01-312014-02-01falsetruetruetruetruetruetmpB332.html2015-05-05046530682014-02-012015-01-31046530682015-01-31046530682014-01-31046530682014-01-3104653068uk-bus:Director12014-02-012015-01-3104653068uk-gaap:PlantMachinery2014-02-012015-01-3104653068uk-gaap:FixturesFittingsToolsEquipment2014-02-012015-01-3104653068uk-bus:OrdinaryShareClass12014-02-012015-01-3104653068uk-bus:OrdinaryShareClass12015-01-3104653068uk-bus:OrdinaryShareClass12014-01-31xbrli:purexbrli:sharesiso4217:GBP
