Emily Nixon Limited - Period Ending 2015-04-30

30 April 2015

Ordinary shares of £1 each

EMILY NIXON LIMITED - Company Information

Emily Nixon Limited

Unaudited Abbreviated Accounts
Period from 2 April 2014 to 30 April 2015

Company Registration Number: 08974680

Emily Nixon Limited
Contents

Abbreviated Balance Sheet

1 to 2

Notes to the Abbreviated Accounts

3 to 4

Emily Nixon Limited
Abbreviated Balance Sheet
30 April 2015

	Note	30 April 2015 £
Fixed assets
Intangible fixed assets	2	34,425
Tangible fixed assets	2	62
		34,487
Current assets
Stocks		20,000
Debtors		288
Cash at bank and in hand		5,649
		25,937
Creditors: Amounts falling due within one year		(21,840)
Net current assets		4,097
Net assets		38,584
Capital and reserves
Called up share capital	3	10
Profit and loss account		38,574
Shareholders' funds		38,584

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Emily Nixon Limited
Abbreviated Balance Sheet
30 April 2015 ......... continued

For the year ending 30 April 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 23 December 2015 and signed on its behalf by:

E M Nixon
Director

Company Registration Number: 08974680

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Emily Nixon Limited
Notes to the Abbreviated Accounts
Period from 2 April 2014 to 30 April 2015 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	10 years

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Tools and equipment	25% reducing balance basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Page 3

Emily Nixon Limited
Notes to the Abbreviated Accounts
Period from 2 April 2014 to 30 April 2015 ......... continued

2	Fixed assets

	Intangible assets £	Tangible assets £	Total £
Cost
Additions	38,250	83	38,333
At 30 April 2015	38,250	83	38,333
Depreciation
Charge for the period	3,825	21	3,846
At 30 April 2015	3,825	21	3,846
Net book value
At 30 April 2015	34,425	62	34,487

3	Share capital

Allotted, called up and fully paid shares

New shares allotted

During the period 10 Ordinary shares having an aggregate nominal value of £10 were allotted for an aggregate consideration of £10.

Page 4