NEC GB Limited - Abbreviated accounts

Registered number

05651079

NEC GB Limited

Abbreviated Accounts

31 December 2014

Winton House

Winton Square

Basingstoke

Hampshire

RG21 8EN

tel: 01256 830000

office@cranleys.co.uk

NEC GB Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of NEC GB Limited for the year ended 31 December 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of NEC GB Limited for the year ended 31 December 2014 which comprise of the balance sheet and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Cranleys
Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN

23 September 2015

NEC GB Limited
Registered number:		05651079
Abbreviated Balance Sheet
as at 31 December 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		25,525			12,168

Current assets
Debtors		66,496			66,496
Cash at bank and in hand		166,125			236,329
		232,621			302,825

Creditors: amounts falling due within one year		(63,839)			(145,196)

Net current assets			168,782			157,629

Net assets			194,307			169,797

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			194,207			169,697

Shareholder's funds			194,307			169,797

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Nigel Cooper
Director
Approved by the board on 23 September 2015

NEC GB Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2014

1	Accounting policies

	Basis of preparation
	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
	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.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office equipment			25% reducing balance
	Motor vehicle			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 January 2014					28,780
	Additions					21,866
	At 31 December 2014					50,646

	Depreciation
	At 1 January 2014					16,612
	Charge for the year					8,509
	At 31 December 2014					25,121

	Net book value
	At 31 December 2014					25,525
	At 31 December 2013					12,168


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100