NRS Transport Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09270516 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 20 October 2014 to 31 October 2015

for

NRS Transport Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Smith

REGISTERED OFFICE:

First Floor Office

22 Broad Street

Launceston

Cornwall

PL15 8AE

REGISTERED NUMBER:

09270516 (England and Wales)

ACCOUNTANTS:

Buttons Accounting Limited

First Floor Office

22 Broad Street

Launceston

Cornwall

PL15 8AE

FIXED ASSETS

Tangible assets

2

24,036

CURRENT ASSETS

Debtors

33,519

Cash at bank

7,693

41,212

CREDITORS

Amounts falling due within one year

43,576

NET CURRENT LIABILITIES

(2,364

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,672

CREDITORS

Amounts falling due after more than one year

(8,890

)

PROVISIONS FOR LIABILITIES

(4,807

)

NET ASSETS

7,975

RESERVES

Profit and loss account

7,975

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 14 July 2016 and were signed by:

N Smith - 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 April 2008).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

30,045

At 31 October 2015

30,045

DEPRECIATION

Charge for period

6,009

At 31 October 2015

6,009

NET BOOK VALUE

At 31 October 2015

24,036