Abbreviated Company Accounts - NEWGROUND ARCHITECTS LTD

NEWGROUND ARCHITECTS LTD - Company Information

08552373 NEWGROUND ARCHITECTS LTD 2014-03-31 false 2013-05-31 2014-03-31 true 08552373 2013-05-31 2014-03-31 08552373 2014-03-31 08552373 uk-gaap-cd-bus:Director1 2013-05-31 2014-03-31 08552373 uk-gaap-cd-bus:Director2 2013-05-31 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08552373

NEWGROUND ARCHITECTS LTD

Abbreviated Accounts

31 March 2014

NEWGROUND ARCHITECTS LTD Registered Number 08552373

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	11,137
		11,137
Current assets
Debtors		17,767
Cash at bank and in hand		126,966
		144,733
Net current assets (liabilities)		144,733
Total assets less current liabilities		155,870
Creditors: amounts falling due after more than one year		(72,821)
Provisions for liabilities		(2,227)
Total net assets (liabilities)		80,822
Capital and reserves
Called up share capital	3	100
Profit and loss account		80,722
Shareholders' funds		80,822

For the year ending 31 March 2014 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 June 2014

And signed on their behalf by:
Ms Z Adrangi, Director
Mr J Perlman, Director

NEWGROUND ARCHITECTS LTD Registered Number 08552373

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixture & Fittings - 25% reducing balance

Other accounting policies
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing difference arising from the revaluation of fixed assets where there is no commitment to sell the asset.

Deferred tax assets are recognized to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted.

2Tangible fixed assets

	£
Cost
Additions	18,568
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	18,568
Depreciation
Charge for the year	7,431
On disposals	-
At 31 March 2014	7,431
Net book values
At 31 March 2014	11,137

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
100 Ordinary shares of £1 each	100