Abbreviated Company Accounts - NAAD ARTS LIMITED

Registered Number 06861571

NAAD ARTS LIMITED

Abbreviated Accounts

31 March 2016

NAAD ARTS LIMITED Registered Number 06861571

Abbreviated Balance Sheet as at 31 March 2016

	2016	2015
	£	£
Fixed assets
Intangible assets	-	-
Tangible assets	-	-
Investments	-	-
	-	-
Current assets
Stocks	-	-
Debtors	-	-
Investments	-	-
Cash at bank and in hand	-	-
	-	-
Prepayments and accrued income	-	-
Creditors: amounts falling due within one year	0	0
Net current assets (liabilities)	0	0
Total assets less current liabilities	0	0
Creditors: amounts falling due after more than one year	(3,915)	(3,915)
Provisions for liabilities	0	0
Accruals and deferred income	0	0
Total net assets (liabilities)	(3,915)	(3,915)
Reserves
Revaluation reserve	0	0
Other reserves	0	0
Income and expenditure account	(3,915)	(3,915)
Members' funds	(3,915)	(3,915)

For the year ending 31 March 2016 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 2 April 2016

And signed on their behalf by:
Mangesh Gharfalkar, Director

NAAD ARTS LIMITED Registered Number 06861571

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 income generated from provision of general and professional services training and tuition. The company was inactive in previous years and this financial year and it will continue to remain in similar situation in the foreseeable future.

Tangible assets depreciation policy
Not applicable

Intangible assets amortisation policy
Not applicable

Valuation information and policy
Not applicable

Other accounting policies
No liability to UK corporation tax arose on ordinary activities for the year ended 31st March 2016.

The company was inactive during previous years and this financial year and will continue to remain inactive (dormant) for foreseeable future.
Due to it's inactive status HMRC has confirmed that no Corporation Tax Returns will be required for any period that ends before 31.05.2019 HMRC letter ref no /Cps/0483/62322964 21927 dated 5th eptember 2014.

ACCOUNT PAYABLE: AMOUNT FALLING DUE AFTER MORE THAN ONE YEAR AS OF 31.03.2016 = £3915.

This amount is balance c/d Small business Loan from the Director of the Company and therefore not considered as a debt payable to any outside entity.

Inventories: No inventories during the financial year.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.