N_T_PROJECT_MANAGEMENT_LI - Accounts

N.T. PROJECT MANAGEMENT LIMITED - Company Information

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Company Registration No. 02570056 (England and Wales)

N T PROJECT MANAGEMENT LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

N T PROJECT MANAGEMENT LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

N T PROJECT MANAGEMENT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

346,500

354,200

Investments

25,200

371,700

379,400

Current assets

Debtors

668,810

571,987

Cash at bank and in hand

18,090

18,156

686,900

590,143

Creditors: amounts falling due within one year

(42,696)

(43,572)

Net current assets

644,204

546,571

Total assets less current liabilities

1,015,904

925,971

Capital and reserves

Called up share capital

14,976

15,597

Share premium account

3,200

Revaluation reserve

150,828

152,964

Other reserves

9,024

8,403

Profit and loss account

837,876

745,807

Shareholders' funds

1,015,904

925,971

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 July 2016

Mr P. Griffin

Director

Company Registration No. 02570056

N T PROJECT MANAGEMENT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of value added tax.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Freehold property

2% on cost

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.7

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

N T PROJECT MANAGEMENT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost or valuation

At 1 April 2015 & at 31 March 2016

385,000

25,200

410,200

Depreciation

At 1 April 2015

30,800

Charge for the year

7,700

At 31 March 2016

38,500

Net book value

At 31 March 2016

346,500

25,200

371,700

At 31 March 2015

354,200

25,200

379,400

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Nicol Thomas Limited

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Nicol Thomas Limited

Architects

618,159

113,806

Share capital

2016

2015

Allotted, called up and fully paid

132,022 'A' ordinary of 10p each

13,202

13,823

35,480 'B' ordinary of 5p each

1,774

14,976

15,597