Abbreviated Company Accounts - ND PLASTICS DIRECT LIMITED
Abbreviated Company Accounts - ND PLASTICS DIRECT LIMITED
Registered Number 08413482
ND PLASTICS DIRECT LIMITED
Abbreviated Accounts
31 March 2015
ND PLASTICS DIRECT LIMITED Registered Number 08413482
Abbreviated Balance Sheet as at 31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 March 2015 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
And signed on their behalf by:
ND PLASTICS DIRECT LIMITED Registered Number 08413482
Notes to the Abbreviated Accounts for the period ended 31 March 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Office equipment 20% straight line
No depreciation is provided in respect of Freehold Investment Properties owned by the company and the director considers there is no significant change in value given their length of ownership
Other accounting policies
LIV Supplies Limited
Neill Dransfield is a controlling shareholder in the above company
Any balance owing to or owed by LIV Supplies Limited at 31st March 2015 is the result of transactions in the ordinary course of business.
Amount due from related party at the balance sheet date : 31.03.2015 £3,035 31.03.2014 £Nil
Amount due to related party at the balance sheet date : 31.03.2015 £149,831 31.03.2014 £143,620
Bank loan account
The bank loan is secured on a Freehold Investment Property included in the balance sheet. The amount owing at 31st March 2015 is £70,426 and is repayable in more than five years as detailed below:
Payable within one year £6,828
Payable within two to five years £27,312
Payable in more than five years £36,286
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 303,099 |
At 31 March 2014 | 82,550 |