NAM Innovation Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07819237 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

NAM INNOVATION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr N A MacGilp

SECRETARY:

C R S Fowler

REGISTERED OFFICE:

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

REGISTERED NUMBER:

07819237 (England and Wales)

ACCOUNTANTS:

Fowler & Co

Chartered Accountants

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

FIXED ASSETS

Tangible assets

2

574

-

CURRENT ASSETS

Debtors

120

189

Cash at bank

70,694

61,636

70,814

61,825

CREDITORS

Amounts falling due within one year

8,707

6,388

NET CURRENT ASSETS

62,107

55,437

TOTAL ASSETS LESS CURRENT LIABILITIES

62,681

55,437

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

62,581

55,337

SHAREHOLDERS' FUNDS

62,681

55,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 20 April 2015 and were signed by:

Dr N A MacGilp - 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

The company operates under the VAT flat rate scheme and turnover represents invoiced sales of services

performed during the year, excluding the flat rate VAT.

Tangible fixed assets

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

Computer equipment

-

50% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,149

At 30 September 2014

1,149

DEPRECIATION

Charge for year

575

At 30 September 2014

575

NET BOOK VALUE

At 30 September 2014

574

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/14

30/9/13

value:

£

£

100

Ordinary

£1

100

100