Abbreviated Company Accounts - NUBIE LTD

Registered Number 06426813

NUBIE LTD

Abbreviated Accounts

31 December 2014

NUBIE LTD Registered Number 06426813

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,311	1,313
		2,311	1,313
Current assets
Stocks		34,000	39,000
Debtors		4,338	20,516
Cash at bank and in hand		20,009	8,734
		58,347	68,250
Creditors: amounts falling due within one year		(107,173)	(131,679)
Net current assets (liabilities)		(48,826)	(63,429)
Total assets less current liabilities		(46,515)	(62,116)
Total net assets (liabilities)		(46,515)	(62,116)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(46,615)	(62,216)
Shareholders' funds		(46,515)	(62,116)

For the year ending 31 December 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 29 September 2015

And signed on their behalf by:
A SHORT, Director

NUBIE LTD Registered Number 06426813

Notes to the Abbreviated Accounts for the period ended 31 December 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 turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% Reducing Balance
Equipment - 25% Reducing Balance

Other accounting policies
RELATED PARTY TRANSACTIONS
The company was under the control of A. Short throughout the current period.
As at 31st December 2014 the company owed £85,385 (2013 - £88,442) to Westend
Technologies Limited, an entity controlled by A. Short.
No other transactions with related parties were undertaken such as are required to be disclosed
under the FRSSE.

2Tangible fixed assets

	£
Cost
At 1 January 2014	2,761
Additions	1,326
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	4,087
Depreciation
At 1 January 2014	1,448
Charge for the year	328
On disposals	-
At 31 December 2014	1,776
Net book values
At 31 December 2014	2,311
At 31 December 2013	1,313