Abbreviated Company Accounts - NW CONSULTANTS LIMITED

Abbreviated Company Accounts - NW CONSULTANTS LIMITED

NW CONSULTANTS LIMITED - Company Information

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Registered Number 04852509

NW CONSULTANTS LIMITED

Abbreviated Accounts

31 July 2015

NW CONSULTANTS LIMITED Registered Number 04852509

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 32,783 44,783
Tangible assets 3 3,183 2,500
Investments - -
35,966 47,283
Current assets
Stocks 10,951 19,445
Debtors 10,975 14,424
Investments - -
Cash at bank and in hand 643 8,812
22,569 42,681
Prepayments and accrued income - -
Creditors: amounts falling due within one year (87,896) (89,029)
Net current assets (liabilities) (65,327) (46,348)
Total assets less current liabilities (29,361) 935
Creditors: amounts falling due after more than one year 0 (5,833)
Provisions for liabilities (637) (500)
Accruals and deferred income 0 0
Total net assets (liabilities) (29,998) (5,398)
Capital and reserves
Called up share capital 4 125 125
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (30,123) (5,523)
Shareholders' funds (29,998) (5,398)
  • For the year ending 31 July 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 5 August 2015

And signed on their behalf by:
N D Watson, Director

NW CONSULTANTS LIMITED Registered Number 04852509

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and machinery 20% straight line

Intangible assets amortisation policy
Intangible assets represent acquired goodwill which is being written off over 5 years.

2Intangible fixed assets
£
Cost
At 1 August 2014 56,783
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2015 56,783
Amortisation
At 1 August 2014 12,000
Charge for the year 12,000
On disposals 0
At 31 July 2015 24,000
Net book values
At 31 July 2015 32,783
At 31 July 2014 44,783
3Tangible fixed assets
£
Cost
At 1 August 2014 5,485
Additions 1,748
Disposals 0
Revaluations 0
Transfers 0
At 31 July 2015 7,233
Depreciation
At 1 August 2014 2,985
Charge for the year 1,065
On disposals 0
At 31 July 2015 4,050
Net book values
At 31 July 2015 3,183
At 31 July 2014 2,500
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
125 Ordinary shares of £1 each 125 125

5Transactions with directors

Name of director receiving advance or credit: N D Watson
Description of the transaction: Balance owed to the director included in creditors payable in less than one year
Balance at 1 August 2014: £ 20,585
Advances or credits made: £ 17,528
Advances or credits repaid: -
Balance at 31 July 2015: £ 38,113