Nisso Pacific Industries Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04473077 (England and Wales)

Nisso Pacific Industries Ltd

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

S J D Hickson

SECRETARY:

Paifang Nominees (UK) Ltd

REGISTERED OFFICE:

22 Billet Street

Taunton

Somerset

TA1 3NG

REGISTERED NUMBER:

04473077 (England and Wales)

ACCOUNTANTS:

Paifang Accountants and Tax Advisors (UK) Limited

22 Billet Street

Taunton

Somerset

TA1 3NG

FIXED ASSETS

Investments

2

81,666

81,666

CURRENT ASSETS

Debtors

3

426,273

794,104

Cash at bank

16

522

426,289

794,626

CREDITORS

Amounts falling due within one year

292,439

285,833

NET CURRENT ASSETS

133,850

508,793

TOTAL ASSETS LESS CURRENT LIABILITIES

215,516

590,459

CREDITORS

Amounts falling due after more than one year

404,441

399,754

NET (LIABILITIES)/ASSETS

(188,925

)

190,705

CAPITAL AND RESERVES

Called up share capital

4

158,240

158,240

Profit and loss account

(347,165

)

32,465

SHAREHOLDERS' FUNDS

(188,925

)

190,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2013 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 15 August 2014 and were signed by:

S J D Hickson - 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).

Preparation of consolidated financial statements

The financial statements contain information about Nisso Pacific Industries Ltd as an individual

company and do not contain consolidated financial information as the parent of a group. The company

has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated

financial statements.

Investments

Fixed asset investments are stated at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US$ at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into US$ at the average rate

of exchange for the period. Exchange differences are taken into account in arriving at the operating

result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

$

COST

At 1 July 2012

and 30 June 2013

69,586

PROVISIONS

At 1 July 2012

and 30 June 2013

(12,080

)

NET BOOK VALUE

At 30 June 2013

81,666

At 30 June 2012

81,666

The company's investments at the balance sheet date in the share capital of companies include the

following:

AI Fork Kabushiki Kaisha

Country of incorporation: Japan

Nature of business: Material Handling Equipment

%

Class of shares:

holding

Ordinary

100.00

31/3/13

31/3/12

$

$

Aggregate capital and reserves

400,310

479,251

(Loss)/profit for the year

(12,083

)

66,313

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is $ 390,454 (2012 - $ 758,285 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

$

$

100,000

Ordinary

£1

158,240

158,240

5.	ULTIMATE CONTROLLING PARTY

The Ultimate Parent Company is Clydestone Universal Group Limited incorporated in the British

Virgin Islands.