Abbreviated Company Accounts - NM EYECARE LIMITED

NM EYECARE LIMITED - Company Information

04348868 NM EYECARE LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 04348868 2014-02-01 2015-01-31 04348868 2015-01-31 04348868 2014-01-31 04348868 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 04348868 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2015-01-31 uk-gaap-cd-bus:Director3 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 04348868

NM EYECARE LIMITED

Abbreviated Accounts

31 January 2015

NM EYECARE LIMITED Registered Number 04348868

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	21,700	24,800
Tangible assets	3	4,530	5,708
		26,230	30,508
Current assets
Stocks		11,700	13,000
Debtors		8,516	7,021
Cash at bank and in hand		127,496	210,102
		147,712	230,123
Creditors: amounts falling due within one year		(15,364)	(56,422)
Net current assets (liabilities)		132,348	173,701
Total assets less current liabilities		158,578	204,209
Provisions for liabilities		(9)	(101)
Total net assets (liabilities)		158,569	204,108
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		158,469	204,008
Shareholders' funds		158,569	204,108

For the year ending 31 January 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 30 October 2015

And signed on their behalf by:
Mr Nilesh Mehta, Director

NM EYECARE LIMITED Registered Number 04348868

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
FF & equipment - 20% Straight line
Leasehold properties - Straight line over the life of the lease

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 February 2014	62,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	62,000
Amortisation
At 1 February 2014	37,200
Charge for the year	3,100
On disposals	-
At 31 January 2015	40,300
Net book values
At 31 January 2015	21,700
At 31 January 2014	24,800

3Tangible fixed assets

	£
Cost
At 1 February 2014	55,049
Additions	323
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	55,372
Depreciation
At 1 February 2014	49,341
Charge for the year	1,501
On disposals	-
At 31 January 2015	50,842
Net book values
At 31 January 2015	4,530
At 31 January 2014	5,708

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	Mr N Mehta
Description of the transaction:	Interest free loans
Balance at 1 February 2014:	-
Advances or credits made:	£ 7,230
Advances or credits repaid:	-
Balance at 31 January 2015:	£ 7,230