Abbreviated Company Accounts - NIGEL FISHER LIMITED

Abbreviated Company Accounts - NIGEL FISHER LIMITED

NIGEL FISHER LIMITED - Company Information

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Registered Number 08384574

NIGEL FISHER LIMITED

Abbreviated Accounts

28 February 2015

NIGEL FISHER LIMITED Registered Number 08384574

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 49,500 49,500
Tangible assets 3 7,092 8,669
56,592 58,169
Current assets
Stocks 9,885 9,735
Debtors 2,876 3,116
Cash at bank and in hand 12,380 5,823
25,141 18,674
Creditors: amounts falling due within one year (87,776) (83,405)
Net current assets (liabilities) (62,635) (64,731)
Total assets less current liabilities (6,043) (6,562)
Creditors: amounts falling due after more than one year (3,551) (7,101)
Total net assets (liabilities) (9,594) (13,663)
Capital and reserves
Called up share capital 100 100
Profit and loss account (9,694) (13,763)
Shareholders' funds (9,594) (13,663)
  • For the year ending 28 February 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:
N Fisher, Director

NIGEL FISHER LIMITED Registered Number 08384574

Notes to the Abbreviated Accounts for the period ended 28 February 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 amounts receivable for goods exclusive of VAT

2Intangible fixed assets
£
Cost
At 1 March 2014 49,500
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 49,500
Amortisation
At 1 March 2014 -
Charge for the year -
On disposals -
At 28 February 2015 -
Net book values
At 28 February 2015 49,500
At 28 February 2014 49,500

Acquired goodwill is recorded at cost with no annual amortisation

3Tangible fixed assets
£
Cost
At 1 March 2014 11,247
Additions 788
Disposals -
Revaluations -
Transfers -
At 28 February 2015 12,035
Depreciation
At 1 March 2014 2,578
Charge for the year 2,365
On disposals -
At 28 February 2015 4,943
Net book values
At 28 February 2015 7,092
At 28 February 2014 8,669

Equipment and vehicles depreciated at 25% reducing balance