Nash Consultancy (Wessex) Ltd - Period Ending 2014-09-30

Registration number: 06688320

Nash Consultancy (Wessex) Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2014
 

Nash Consultancy (Wessex) Ltd
Contents

Page

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Nash Consultancy (Wessex) Ltd
(Registration number: 06688320)
Abbreviated Balance Sheet at 30 September 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					1,680			929
Current assets
Debtors					144,189			8,939
Cash at bank and in hand					21,319			39,125
					165,508			48,064
Creditors: Amounts falling due within one year					(104,006)			(23,176)
Net current assets					61,502			24,888
Total assets less current liabilities					63,182			25,817
Provisions for liabilities					(336)			(186)
Net assets					62,846			25,631
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					62,746			25,531
Shareholders' funds					62,846			25,631

Page 1

Nash Consultancy (Wessex) Ltd
(Registration number: 06688320)
Abbreviated Balance Sheet at 30 September 2014

For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 1 June 2015 and signed on its behalf by:

D J Charles Director

M J Charles Company secretary and director

Page 2

Nash Consultancy (Wessex) Ltd
Notes to the Abbreviated Accounts
For the Year Ended 30 September 2014

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts receivable for services net of Flat Rate Scheme VAT and trade discounts.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings & equipment	25% straight line basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Page 3

Nash Consultancy (Wessex) Ltd
Notes to the Abbreviated Accounts
For the Year Ended 30 September 2014

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2013		3,839			3,839
Additions		2,057			2,057
At 30 September 2014		5,896			5,896
Depreciation
At 1 October 2013		2,910			2,910
Charge for the year		1,306			1,306
At 30 September 2014		4,216			4,216
Net book value
At 30 September 2014		1,680			1,680
At 30 September 2013		929			929

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

4	Related party transactions

Directors' advances and credits

	2014 Advance/ Credit £	2014 Repaid £	2013 Advance/ Credit £	2013 Repaid £
D J Charles
Directors loan account	2,130	2,138	5,171	5,163
M J Charles
Directors loan account	2,130	2,139	5,171	5,162

Page 4