Abbreviated Company Accounts - NEMESIS ELITE LIMITED

NEMESIS ELITE LIMITED - Company Information

07870161 NEMESIS ELITE LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 07870161 2015-01-01 2015-12-31 07870161 2015-12-31 07870161 2014-12-31 07870161 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07870161 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07870161

NEMESIS ELITE LIMITED

Abbreviated Accounts

31 December 2015

NEMESIS ELITE LIMITED Registered Number 07870161

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		1,180	253
Cash at bank and in hand		790	2,394
		1,970	2,647
Creditors: amounts falling due within one year		(29,180)	(20,500)
Net current assets (liabilities)		(27,210)	(17,853)
Total assets less current liabilities		(27,210)	(17,853)
Total net assets (liabilities)		(27,210)	(17,853)
Capital and reserves
Called up share capital	2	5	5
Share premium account		149,991	149,991
Profit and loss account		(177,206)	(167,849)
Shareholders' funds		(27,210)	(17,853)

For the year ending 31 December 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 19 August 2016

And signed on their behalf by:
Wajid Khan, Director

NEMESIS ELITE LIMITED Registered Number 07870161

Notes to the Abbreviated Accounts for the period ended 31 December 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 April 2008.

Turnover policy
Turnover is derived from activities within the United Kingdom.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the exchange rate ruling at the date that the transaction occurred. Monetary assets and liabilities denominated in foreign currency are translated into sterling at the rates of exchange ruling at 31 December. Exchange differences are taken to the profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
5 Ordinary shares of £1 each	5	5