Newshire Limited - Limited company - abbreviated - 11.9
Newshire Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| FOR |
| NEWSHIRE LIMITED |
| NEWSHIRE LIMITED (REGISTERED NUMBER: 04382090) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| NEWSHIRE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| NEWSHIRE LIMITED (REGISTERED NUMBER: 04382090) |
| ABBREVIATED BALANCE SHEET |
| 28 FEBRUARY 2015 |
| 28.2.15 | 28.2.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| NEWSHIRE LIMITED (REGISTERED NUMBER: 04382090) |
| ABBREVIATED BALANCE SHEET - continued |
| 28 FEBRUARY 2015 |
| The financial statements were approved by the director on |
| NEWSHIRE LIMITED (REGISTERED NUMBER: 04382090) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 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). |
| Turnover |
| Turnover represents net rent receivable, excluding value added tax. |
| Depreciation |
| Fixtures and fittings | - |
| In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or |
| amortisation is provided in respect of freehold investment properties nor on leasehold investment properties |
| having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act |
| 2006, for all properties to be depreciated, is necessary, as the directors consider that this accounting policy |
| results in the financial statements giving true and fair view. |
| Investment properties |
| Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with |
| Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be |
| stated at current market value. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| Additions |
| At 28 February 2015 |
| DEPRECIATION |
| At 1 March 2014 |
| Charge for year |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| NEWSHIRE LIMITED (REGISTERED NUMBER: 04382090) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 March 2014 | 401,868 |
| Additions | 18,564 |
| Disposals | (104,604 | ) |
| At 28 February 2015 | 315,828 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| and 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 28.2.15 | 28.2.14 |
| £ | £ |
| Repayable otherwise than by instalments | 240,752 | 240,752 |
| Repayable by instalments | 81,460 | 84,447 |
| 322,212 | 325,199 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.15 | 28.2.14 |
| value: | £ | £ |
| Ordinary | £1 |