Notts Ltd - Limited company - abbreviated - 11.0.0

Notts Ltd - Limited company - abbreviated - 11.0.0

NOTTS LIMITED - Company Information

Print Friendly Version

03863119 1.11.12 31.10.13 31.10.13 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure038631192012-10-31038631192013-10-31038631192012-11-012013-10-31038631192011-10-31038631192011-11-012012-10-31038631192012-10-3103863119ns12:England2012-11-012013-10-3103863119ns14:PoundSterling2012-11-012013-10-3103863119ns7:Director12012-11-012013-10-3103863119ns7:OrdinaryShareClass12012-11-012013-10-3103863119ns7:Director22012-11-012013-10-3103863119ns7:CompanySecretary2012-11-012013-10-3103863119ns7:RegisteredOffice2012-11-012013-10-3103863119ns7:EntityAccountantsOrAuditors2012-11-012013-10-3103863119ns7:EntityBankers2012-11-012013-10-3103863119ns5:FixturesFittings2012-11-012013-10-3103863119ns5:ComputerEquipment2012-11-012013-10-3103863119ns7:OrdinaryShareClass12013-10-3103863119ns7:OrdinaryShareClass12012-10-31
REGISTERED NUMBER: 03863119 (England and Wales)




















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2013

FOR

NOTTS LIMITED

NOTTS LIMITED (REGISTERED NUMBER: 03863119)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

NOTTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2013







DIRECTORS: C G Nott F.C.A.
C Roper



SECRETARY: Mrs J.N. Nott



REGISTERED OFFICE: Plaza 668
Hitchin Road
Luton
Bedfordshire
LU2 7XH



REGISTERED NUMBER: 03863119 (England and Wales)



ACCOUNTANTS: Notts Limited
Chartered Accountants
Plaza 668
Hitchin Road
Luton
Bedfordshire
LU2 7XH



BANKERS: Santander
21 Prescot Street
London
E1 8RP
Page 1
NOTTS LIMITED (REGISTERED NUMBER: 03863119)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 96,000 104,000
Tangible assets 3 8,182 3,950
104,182 107,950

CURRENT ASSETS
Debtors 63,988 89,662
Cash at bank and in hand 20,320 25,127
84,308 114,789
CREDITORS
Amounts falling due within one year 168,090 205,412
NET CURRENT LIABILITIES (83,782 ) (90,623 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
20,400
17,327

PROVISIONS FOR LIABILITIES 912 912
NET ASSETS 19,488 16,415

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 19,486 16,413
SHAREHOLDERS' FUNDS 19,488 16,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
NOTTS LIMITED (REGISTERED NUMBER: 03863119)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2013


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 Board of Directors on 25 July 2014 and were signed on its behalf by:





C G Nott F.C.A. - Director


The notes form part of these abbreviated accounts

Page 3
NOTTS LIMITED (REGISTERED NUMBER: 03863119)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2013

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).

Turnover
Turnover represents net invoiced fees for services, excluding VAT, together with the value of unbilled services
at the year end.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on cost
Computer equipment - 20% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2012
and 31 October 2013 200,000
AMORTISATION
At 1 November 2012 96,000
Amortisation for year 8,000
At 31 October 2013 104,000
NET BOOK VALUE

At 31 October 2013 96,000
At 31 October 2012 104,000

Page 4 continued...
NOTTS LIMITED (REGISTERED NUMBER: 03863119)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2012 26,665
Additions 6,688
At 31 October 2013 33,353
DEPRECIATION
At 1 November 2012 22,715
Charge for year 2,456
At 31 October 2013 25,171
NET BOOK VALUE
At 31 October 2013 8,182
At 31 October 2012 3,950

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
2 Ordinary £1 2 2

Page 5