Nice Irma's Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 01025923 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

NICE IRMA'S LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L Baker

SECRETARY:

Mrs S Baker

REGISTERED OFFICE:

Unit 2, Finchley Industrial Estate

879 High Road

North Finchley

London

N12 8QA

REGISTERED NUMBER:

01025923 (England and Wales)

ACCOUNTANTS:

Business Orchard

Chartered Accountants

3a Chestnut House

Farm Close

Shenley

Hertfordshire

WD7 9AD

FIXED ASSETS

Tangible assets

2

2,721

3,205

CURRENT ASSETS

Stocks

4,184

4,973

Debtors

119,167

122,640

Cash at bank and in hand

2,916

914

126,267

128,527

CREDITORS

Amounts falling due within one year

44,036

40,941

NET CURRENT ASSETS

82,231

87,586

TOTAL ASSETS LESS CURRENT LIABILITIES

84,952

90,791

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

84,852

90,691

SHAREHOLDERS' FUNDS

84,952

90,791

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 March 2016 and were signed by:

L Baker - Director

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 invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over period of the lease

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

143,725

DEPRECIATION

At 1 July 2014

140,520

Charge for year

484

At 30 June 2015

141,004

NET BOOK VALUE

At 30 June 2015

2,721

At 30 June 2014

3,205

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary shares

£1

100

100