NPS Limited - Abbreviated accounts

Registered number

02549933

NPS Limited

Abbreviated Accounts

31 March 2015

NPS Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of NPS Limited for the year ended 31 March 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of NPS Limited for the year ended 31 March 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Parry & Co
Chartered Accountants
Ynys Hir
Sandy Lane
Rhosneigr
Anglesey
LL64 5XA

30 November 2015

NPS Limited
Registered number:		02549933
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		266			3,004

Current assets
Stocks		6,652			-
Debtors		14,658			14,339
Cash at bank and in hand		5,062			2,906
		26,372			17,245

Creditors: amounts falling due within one year		(7,302)			(63,837)

Net current assets/(liabilities)			19,070			(46,592)

Total assets less current liabilities			19,336			(43,588)

Creditors: amounts falling due after more than one year			(12,365)			-



Net assets/(liabilities)			6,971			(43,588)

Capital and reserves
Called up share capital	3		61,804			100
Profit and loss account			(54,833)			(43,688)

Shareholders' funds			6,971			(43,588)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



F Newport
Director
Approved by the board on 30 November 2015

NPS Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line
	Motor vehicles			25% straight line

	Stocks
	Stock is valued at the lower of cost and net realisable value.


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					110,668
	At 31 March 2015					110,668

	Depreciation
	At 1 April 2014					107,664
	Charge for the year					2,738
	At 31 March 2015					110,402

	Net book value
	At 31 March 2015					266
	At 31 March 2014					3,004


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		61,804		61,804		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		61,704		61,704