Northam Exploration & Consulting Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07808551 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2013

FOR

NORTHAM EXPLORATION & CONSULTING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G Northam

REGISTERED OFFICE:

14a Albert Bridge Road

Battersea

London

SW11 4PY

REGISTERED NUMBER:

07808551 (England and Wales)

ACCOUNTANTS:

Judith Childs & Co

Chartered Certified Accountants

Wheelsgate

Wych Hill Way

Woking

Surrey

GU22 0AE

FIXED ASSETS

Tangible assets

2

582

776

CURRENT ASSETS

Debtors

6,250

7,644

Cash at bank

64,805

59,045

71,055

66,689

CREDITORS

Amounts falling due within one year

14,962

15,619

NET CURRENT ASSETS

56,093

51,070

TOTAL ASSETS LESS CURRENT LIABILITIES

56,675

51,846

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

56,673

51,844

SHAREHOLDERS' FUNDS

56,675

51,846

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 director acknowledges his 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 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 director on 16 July 2014 and were signed by:

G Northam - Director

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).

Revenue

Revenue - described as turnover - is the value of work ( net of VAT) performed during the year with respect to

services.

Revenue is recognised on the provision of services when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the

balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded as

recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the

timing differences are expected to reverse.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern justification

Although the nature of the activities provided by the company can create a degree of uncertainty over the level of

demand, the director has a reasonable expectation that demand for the company's services will continue in the

foreseeable future and as a result the going concern basis of accounting has been adopted.

Debtors

Debtors includes the value of contractual work in progress.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the

balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where

material, provisions are calculated on a discounted basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

and 31 October 2013

970

DEPRECIATION

At 1 November 2012

194

Charge for year

194

At 31 October 2013

388

NET BOOK VALUE

At 31 October 2013

582

At 31 October 2012

776

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

£1

2

2