Nanini Limited - Period Ending 2015-06-30

Registration number: 05837825

Nanini Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Nanini Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Nanini Limited
for the Year Ended 30 June 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nanini Limited for the year ended 30 June 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Nanini Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Nanini Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nanini Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Nanini Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Nanini Limited. You consider that Nanini Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Nanini Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

E J Business Consultants Limited
The Rectory
1 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

10 September 2015

Page 1

Nanini Limited
(Registration number: 05837825)
Abbreviated Balance Sheet at 30 June 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					-			109
Current assets
Debtors					4,583			1,804
Cash at bank and in hand					1,630			2,032
					6,213			3,836
Creditors: Amounts falling due within one year					(6,101)			(3,170)
Net current assets					112			666
Net assets					112			775
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					12			675
Shareholders' funds					112			775

For the year ending 30 June 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 its behalf by:

.........................................
Mr N W Nickson
Director

.........................................
Mrs NJ Nickson
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Nanini Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its esimated residual value, over the uesful economic life of that asset as follows

Asset class	Depreciation method and rate
Equipment	33% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2014		2,087			2,087
At 30 June 2015		2,087			2,087
Depreciation
At 1 July 2014		1,978			1,978
Charge for the year		109			109
At 30 June 2015		2,087			2,087
Net book value
At 30 June 2015		-			-
At 30 June 2014		109			109

Page 3

Nanini Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 4