Abbreviated Company Accounts - NEEDNORM LIMITED

Abbreviated Company Accounts - NEEDNORM LIMITED


Registered Number 01820581

NEEDNORM LIMITED

Abbreviated Accounts

31 March 2015

NEEDNORM LIMITED Registered Number 01820581

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 6,667 6,667
6,667 6,667
Current assets
Cash at bank and in hand 10,789 6,396
10,789 6,396
Creditors: amounts falling due within one year (2,179) (1,863)
Net current assets (liabilities) 8,610 4,533
Total assets less current liabilities 15,277 11,200
Total net assets (liabilities) 15,277 11,200
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 15,275 11,198
Shareholders' funds 15,277 11,200
  • 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 10 September 2015

And signed on their behalf by:
Mrs J Powell, Director

NEEDNORM LIMITED Registered Number 01820581

Notes to the Abbreviated Accounts for the period ended 31 March 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 rent receivable from the letting of land.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
The investment in land is not depreciated.

2Tangible fixed assets
£
Cost
At 1 April 2014 6,667
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 6,667
Depreciation
At 1 April 2014 0
Charge for the year -
On disposals -
At 31 March 2015 0
Net book values
At 31 March 2015 6,667
At 31 March 2014 6,667
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2 Ordinary shares of £1 each 2 2