1NA (Melton) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08817791 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 January 2015 to 31 August 2015

for

1NA (Melton) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N J R Alexander

REGISTERED OFFICE:

14 Clarendon Street

Nottingham

NG1 5HQ

REGISTERED NUMBER:

08817791 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

CURRENT ASSETS

Stocks

700,313

176,989

Debtors

495,926

32

Cash at bank

5,016

-

1,201,255

177,021

CREDITORS

Amounts falling due within one year

2

1,204,584

178,221

NET CURRENT LIABILITIES

(3,329

)

(1,200

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,329

)

(1,200

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(3,429

)

(1,300

)

SHAREHOLDERS' FUNDS

(3,329

)

(1,200

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 27 May 2016 and were signed by:

N J R Alexander - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the year end the company had net liabilities of £3,329 (2014: £1,200). Losses are expected at this stage of

the development and the company has sufficient funding in place to be able to continue the trading. When the

development is complete the company expects to make a profit and it is on this basis that the going concern

basis of accounting has been adopted.

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).

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and interest.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at

the balance sheet date.

2.

CREDITORS

Creditors include an amount of £ 553,571 for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100