| N21 Limited |
| Registered number: |
04615294 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
1,488 |
|
|
- |
| Tangible assets |
3 |
|
|
25,952 |
|
|
15,771 |
| Investments |
4 |
|
|
- |
|
|
50 |
|
|
|
|
27,440 |
|
|
15,821 |
|
| Current assets |
| Debtors |
|
|
488,214 |
|
|
386,574 |
| Cash at bank and in hand |
|
|
396,723 |
|
|
262,733 |
|
|
|
884,937 |
|
|
649,307 |
|
| Creditors: amounts falling due within one year |
|
|
(280,300) |
|
|
(235,206) |
|
| Net current assets |
|
|
|
604,637 |
|
|
414,101 |
|
| Total assets less current liabilities |
|
|
|
632,077 |
|
|
429,922 |
|
|
| Provisions for liabilities |
|
|
|
(4,841) |
|
|
(4,841) |
|
|
| Net assets |
|
|
|
627,236 |
|
|
425,081 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
626,236 |
|
|
424,081 |
|
| Shareholders' funds |
|
|
|
627,236 |
|
|
425,081 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| …………………………………………… |
|
| Mr N A Robbins |
| Director |
| Approved by the board on 12.09.2016 |
|
| N21 Limited |
| Notes to the Abbreviated unaudited financial statements |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The unaudited financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment, fixtures and fittings |
25% straight line |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the unaudited financial statements and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
5,000 |
|
Additions |
1,860 |
|
At 31 March 2016 |
6,860 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
5,000 |
|
Provided during the year |
372 |
|
At 31 March 2016 |
5,372 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1,488 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
96,134 |
|
Additions |
19,667 |
|
Disposals |
(5,494) |
|
At 31 March 2016 |
110,307 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
80,363 |
|
Charge for the year |
7,506 |
|
On disposals |
(3,514) |
|
At 31 March 2016 |
84,355 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
25,952 |
|
At 31 March 2015 |
15,771 |
|
|
|
|
|
|
|
|
| 4 |
Investments |
£ |
|
|
Cost |
|
At 1 April 2015 |
50 |
|
Disposals |
(50) |
|
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Eight Central Limited |
Ordinary |
50 |
|
6,405 |
|
40,180 |
|
|
The latest accounting date for Eight Central Limited is 31st August 2015 to which the latest annual financial statements have been prepared. The company's year end has not yet been changed. |
|
|
|
| 5 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
