Abbreviated Company Accounts - NIGEL D GRIFFITHS AND CO. LIMITED

Abbreviated Company Accounts - NIGEL D GRIFFITHS AND CO. LIMITED

NIGEL D GRIFFITHS AND CO. LIMITED - Company Information

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Registered Number 02410978

NIGEL D GRIFFITHS AND CO. LIMITED

Abbreviated Accounts

31 December 2015

NIGEL D GRIFFITHS AND CO. LIMITED Registered Number 02410978

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3,033 2,192
3,033 2,192
Current assets
Debtors 36,971 22,296
Cash at bank and in hand 370,202 730,635
407,173 752,931
Creditors: amounts falling due within one year (345,015) (698,526)
Net current assets (liabilities) 62,158 54,405
Total assets less current liabilities 65,191 56,597
Total net assets (liabilities) 65,191 56,597
Capital and reserves
Called up share capital 100 100
Profit and loss account 65,091 56,497
Shareholders' funds 65,191 56,597
  • For the year ending 31 December 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 8 April 2016

And signed on their behalf by:
N D Griffiths, Director

NIGEL D GRIFFITHS AND CO. LIMITED Registered Number 02410978

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and Fittings - 25% per annum on the reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2015 29,874
Additions 1,852
Disposals -
Revaluations -
Transfers -
At 31 December 2015 31,726
Depreciation
At 1 January 2015 27,682
Charge for the year 1,011
On disposals -
At 31 December 2015 28,693
Net book values
At 31 December 2015 3,033
At 31 December 2014 2,192