New Beginnings Europe Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06989947 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

New Beginnings Europe Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Mrs J A Catterall

Mr G M Catterall

SECRETARY:

Mrs J A Catterall

REGISTERED OFFICE:

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

REGISTERED NUMBER:

06989947 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

FIXED ASSETS

Investments

2

-

178,750

CURRENT ASSETS

Debtors

2

CREDITORS

Amounts falling due within one year

-

178,750

NET CURRENT ASSETS/(LIABILITIES)

2

(178,748

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2

CAPITAL AND RESERVES

Called up share capital

3

2

SHAREHOLDERS' FUNDS

2

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 directors acknowledge their 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 Board of Directors on 19 July 2016 and were signed on its behalf by:

Mrs J A Catterall - 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).

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

178,750

Additions

50,000

Impairments

(228,750

)

At 31 December 2015

-

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

178,750

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1.00

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of New Beginnings Europe Limited for the year ended 31 December 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of New Beginnings Europe Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of New Beginnings Europe Limited and state those matters that we have agreed to state to the Board of Directors of New Beginnings Europe Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that New Beginnings Europe Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of New Beginnings Europe Limited. You consider that New Beginnings Europe Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of New Beginnings Europe Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

25 July 2016