Nexus Collections Holdings Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06119786 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

FOR

NEXUS COLLECTIONS HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N D Jones BA FCA

SECRETARY:

N D Jones BA FCA

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

06119786 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Investments

2

3,275,183

3,275,183

TOTAL ASSETS LESS CURRENT LIABILITIES

3,275,183

3,275,183

CREDITORS

Amounts falling due after more than one year

1,125,183

1,125,183

NET ASSETS

2,150,000

2,150,000

CAPITAL AND RESERVES

Called up share capital

3

2,150,000

2,150,000

SHAREHOLDERS' FUNDS

2,150,000

2,150,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 15th August 2014 and were signed by:

N D Jones BA FCA - 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).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1st April 2013

and 31st March 2014

3,275,183

NET BOOK VALUE

At 31st March 2014

3,275,183

At 31st March 2013

3,275,183

The company's investments at the balance sheet date in the share capital of companies include the following:

Nexus Collections Limited

Nature of business: Trading company

%

Class of shares:

holding

Ordinary

100.00

31/3/14

31/3/13

£

£

Aggregate capital and reserves

4,532,353

4,544,601

Profit for the year

187,752

158,848

3.	CALLED UP SHARE CAPITAL