Abbreviated Company Accounts - NORSEKEM LIMITED

Registered Number 05755818

NORSEKEM LIMITED

Abbreviated Accounts

31 December 2013

NORSEKEM LIMITED Registered Number 05755818

Abbreviated Balance Sheet as at 31 December 2013

	2013	2012
	£	£
Current assets
Stocks	20,799	20,817
Debtors	35,297	12,410
Cash at bank and in hand	5,928	4,639
	62,024	37,866
Creditors: amounts falling due within one year	(31,869)	(18,617)
Net current assets (liabilities)	30,155	19,249
Total assets less current liabilities	30,155	19,249
Total net assets (liabilities)	30,155	19,249
Capital and reserves
Called up share capital	2	2
Profit and loss account	30,153	19,247
Shareholders' funds	30,155	19,249

For the year ending 31 December 2013 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 29 September 2014

And signed on their behalf by:
Robin Wells, Director

NORSEKEM LIMITED Registered Number 05755818

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared on the historical cost convention. The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover represents the amounts invoiced to customers and is stated exclusive of value added tax.