Nionisle Limited - Limited company - abbreviated - 11.6
Nionisle Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
NIONISLE LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014 |
NIONISLE LIMITED (REGISTERED NUMBER: 01605181) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
NIONISLE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2014 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
NIONISLE LIMITED (REGISTERED NUMBER: 01605181) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2014 |
2014 | 2013 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the director on |
NIONISLE LIMITED (REGISTERED NUMBER: 01605181) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
1. | ACCOUNTING POLICIES |
Basis of accounting |
The accounts are prepared on a going concern basis, the use of the going concern basis of accounting |
is appropriate because there are no material uncertainties related to events or conditions that may cast |
significant doubt about the ability of the company to continue as a going concern. |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the |
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller |
Entities (effective April 2008). |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company |
qualifies as a small company. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Investment properties |
Investment property is included in the balance sheet at market value. |
Surpluses or deficits arising on revaluation are transferred to the revaluation reserve unless a deficit |
(or its reversal) is expected to be permanent, in which case it is charged (or credited) in the profit and |
loss account of the period. |
No depreciation or amortisation is provided in respect of freehold investment properties. This treatment |
may be a departure from the Companies Act requirements concerning the depreciation of fixed assets. |
However, the properties are not held for consumption but for investment and the directors consider |
that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore |
necessary for the accounts to give a true and fair view. Depreciation or amortisation is only one of the |
many factors reflected in the annual valuation and the amount which might otherwise have been |
shown cannot be separately identified or quantified. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 September 2013 |
and 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1.00 |
NIONISLE LIMITED (REGISTERED NUMBER: 01605181) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2014 |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the year end, the director, Mrs P.A. Weller, owed the company £125 (2013 - £125). |