Abbreviated Company Accounts - NDB HOLDINGS LIMITED

NDB HOLDINGS LIMITED - Company Information

06870581 NDB HOLDINGS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 06870581 2014-10-01 2015-09-30 06870581 2015-09-30 06870581 2014-09-30 06870581 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 06870581 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 06870581

NDB HOLDINGS LIMITED

Abbreviated Accounts

30 September 2015

NDB HOLDINGS LIMITED Registered Number 06870581

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,083,090	1,083,090
		1,083,090	1,083,090
Current assets
Cash at bank and in hand		13,767	127,981
		13,767	127,981
Creditors: amounts falling due within one year	3	(128,401)	(259,543)
Net current assets (liabilities)		(114,634)	(131,562)
Total assets less current liabilities		968,456	951,528
Creditors: amounts falling due after more than one year	3	(463,094)	(463,095)
Total net assets (liabilities)		505,362	488,433
Capital and reserves
Called up share capital	4	2	2
Other reserves		329,809	329,809
Profit and loss account		175,551	158,622
Shareholders' funds		505,362	488,433

For the year ending 30 September 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 5 November 2015

And signed on their behalf by:
Mr D Bhojani, Director
Mr G Bhojani, Director

NDB HOLDINGS LIMITED Registered Number 06870581

Notes to the Abbreviated Accounts for the period ended 30 September 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 rents receivable by the company in respect of its investment property portfolio during the period

Tangible assets depreciation policy
Depreciation is provided at rated calculation to write off the cost or valuation less residual value of each asset over its expected useful life as follows:-

Land and buildings - None

No depreciation is provided in accordance with SSAP 19 on freehold investment properties as the company follows a programme of regular maintennce of its buildings which includes the reinstatement of the fabric of the buildings where necessary.Therefore in the opinion of the directors the company's freehold buildings have an indefinite economic useful life and consequently any charge to depreciation would be immaterial.They also consider that this accounting policy is necessaru for the financial statements to give a true and fair view.The directors will carry out periodic reviews as to the suitability of this policy.

2Tangible fixed assets

	£
Cost
At 1 October 2014	1,083,090
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	1,083,090
Depreciation
At 1 October 2014	-
Charge for the year	-
On disposals	-
At 30 September 2015	-
Net book values
At 30 September 2015	1,083,090
At 30 September 2014	1,083,090

3Creditors

	2015 £	2014 £
Secured Debts	128,401	259,543

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2