Abbreviated Company Accounts - NORTH EUROPEAN UNDERWRITING AGENCY LIMITED

NORTH EUROPEAN UNDERWRITING AGENCY LIMITED - Company Information

06740953 NORTH EUROPEAN UNDERWRITING AGENCY LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 06740953 2014-12-01 2015-11-30 06740953 2015-11-30 06740953 2014-11-30 06740953 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 06740953 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 06740953

NORTH EUROPEAN UNDERWRITING AGENCY LIMITED

Abbreviated Accounts

30 November 2015

NORTH EUROPEAN UNDERWRITING AGENCY LIMITED Registered Number 06740953

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		1,748,622	1,783,622
Cash at bank and in hand		2,938	3,167
		1,751,560	1,786,789
Creditors: amounts falling due within one year		(1,950,060)	(1,823,821)
Net current assets (liabilities)		(198,500)	(37,032)
Total assets less current liabilities		(198,500)	(37,032)
Total net assets (liabilities)		(198,500)	(37,032)
Capital and reserves
Called up share capital	2	1,000	1,000
Share premium account		-	99,500
Profit and loss account		(199,500)	(137,532)
Shareholders' funds		(198,500)	(37,032)

For the year ending 30 November 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 5 August 2016

And signed on their behalf by:
P Vlasbloem, Director
C McManus, Director

NORTH EUROPEAN UNDERWRITING AGENCY LIMITED Registered Number 06740953

Notes to the Abbreviated Accounts for the period ended 30 November 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Foreign currencies
Monetary assets and liabilites denominated in foreign currencies are translated into sterling at the rates of exchange orevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

Going concern
The company will meet its day to day working capital requirements through the support of its directors and creditors. The directors have considered it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would be necessary should the company be unable to operate within its agreed facilities.

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

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000