Abbreviated Company Accounts - NEIL AUSTIN LIGHTING DESIGN LIMITED

NEIL AUSTIN LIGHTING DESIGN LIMITED - Company Information

06399956 NEIL AUSTIN LIGHTING DESIGN LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 06399956 2014-11-01 2015-10-31 06399956 2015-10-31 06399956 2014-10-31 06399956 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 06399956 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:Director3 2014-11-01 2015-10-31 uk-gaap-cd-bus:Director3 2015-10-31 uk-gaap-cd-bus:Director3 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 06399956

NEIL AUSTIN LIGHTING DESIGN LIMITED

Abbreviated Accounts

31 October 2015

NEIL AUSTIN LIGHTING DESIGN LIMITED Registered Number 06399956

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,394	3,883
		8,394	3,883
Current assets
Debtors		10,897	8,171
Cash at bank and in hand		4,716	19,729
		15,613	27,900
Creditors: amounts falling due within one year		(20,400)	(20,443)
Net current assets (liabilities)		(4,787)	7,457
Total assets less current liabilities		3,607	11,340
Provisions for liabilities		(1,609)	(691)
Total net assets (liabilities)		1,998	10,649
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		1,997	10,648
Shareholders' funds		1,998	10,649

For the year ending 31 October 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 July 2016

And signed on their behalf by:
N Austin, Director

NEIL AUSTIN LIGHTING DESIGN LIMITED Registered Number 06399956

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

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

Tangible assets depreciation policy
Computer equipment - 33% on cost
Fixtures and fittings - 25% on cost

Other accounting policies
Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

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

2Tangible fixed assets

	£
Cost
At 1 November 2014	21,143
Additions	9,901
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	31,044
Depreciation
At 1 November 2014	17,260
Charge for the year	5,390
On disposals	-
At 31 October 2015	22,650
Net book values
At 31 October 2015	8,394
At 31 October 2014	3,883

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	N Austin
Description of the transaction:	Loan to direcor
Balance at 1 November 2014:	£ 5,200
Advances or credits made:	£ 128,041
Advances or credits repaid:	£ 124,731
Balance at 31 October 2015:	£ 8,510

This loan was repaid within 9 months after the year end. Loan interest of 3.25% was paid on the out-standing amount at the end of the year.