Nick Rose Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 02848181 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

NICK ROSE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Rose

SECRETARY:

N Rose

REGISTERED OFFICE:

4 Shelley Road

Bournemouth

Dorset

BH1 4HY

REGISTERED NUMBER:

02848181 (England and Wales)

ACCOUNTANTS:

Elson Geaves

Chartered Certified Accountants

Unit 2 446 Commercial Road

Aviation Business Park

Christchurch

Dorset

BH23 6NW

CURRENT ASSETS

Stocks

-

46,615

Debtors

451,375

295,343

Cash at bank and in hand

6,095

13,012

457,470

354,970

CREDITORS

Amounts falling due within one year

(130,480

)

(316,335

)

NET CURRENT ASSETS

326,990

38,635

TOTAL ASSETS LESS CURRENT
LIABILITIES

326,990

38,635

CAPITAL AND RESERVES

Called up share capital

2

1,000

Profit and loss account

325,990

37,635

SHAREHOLDERS' FUNDS

326,990

38,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 13 May 2016 and were signed by:

N Rose - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

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

items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,000

Ordinary

£1

1,000