Abbreviated Company Accounts - NAM SYSTEMS LTD

08234413 NAM SYSTEMS LTD 2014-10-31 false 2013-11-01 2014-10-31 true 08234413 2013-11-01 2014-10-31 08234413 2014-10-31 08234413 2013-10-31 08234413 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 08234413 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2014-10-31 uk-gaap-cd-bus:Director3 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 08234413

NAM SYSTEMS LTD

Abbreviated Accounts

31 October 2014

NAM SYSTEMS LTD Registered Number 08234413

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	48,320	48,320
		48,320	48,320
Current assets
Cash at bank and in hand		24	24
		24	24
Creditors: amounts falling due within one year	3	(48,342)	(48,342)
Net current assets (liabilities)		(48,318)	(48,318)
Total assets less current liabilities		2	2
Total net assets (liabilities)		2	2
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		0	0
Shareholders' funds		2	2

For the year ending 31 October 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 21 September 2015

And signed on their behalf by:
K Vaja, Director

NAM SYSTEMS LTD Registered Number 08234413

Notes to the Abbreviated Accounts for the period ended 31 October 2014

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
The Company was dormant throughout the year

Tangible assets depreciation policy
The director is of the opinion that the market value of the tangible property is equal to or more than the book value and as such no depreciation has been provided for.

2Tangible fixed assets

	£
Cost
At 1 November 2013	48,320
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	48,320
Depreciation
At 1 November 2013	-
Charge for the year	-
On disposals	-
At 31 October 2014	-
Net book values
At 31 October 2014	48,320
At 31 October 2013	48,320

3Creditors

	2014 £	2013 £
Non-instalment debts due after 5 years	48,342	48,342

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	Mr K Vaja
Description of the transaction:	Loan to the Company
Balance at 1 November 2013:	£ 48,342
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 October 2014:	£ 48,342