Abbreviated Company Accounts - NORSEKEM LIMITED

05755818 NORSEKEM LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 05755818 2015-01-01 2015-12-31 05755818 2015-12-31 05755818 2014-12-31 05755818 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 05755818 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 05755818

NORSEKEM LIMITED

Abbreviated Accounts

31 December 2015

NORSEKEM LIMITED Registered Number 05755818

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Current assets
Stocks		20,199	23,478
Debtors		16,807	42,762
Cash at bank and in hand		32,245	25,284
		69,251	91,524
Creditors: amounts falling due within one year		(32,195)	(55,655)
Net current assets (liabilities)		37,056	35,869
Total assets less current liabilities		37,056	35,869
Total net assets (liabilities)		37,056	35,869
Capital and reserves
Called up share capital	2	3	3
Profit and loss account		37,053	35,866
Shareholders' funds		37,056	35,869

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 21 September 2016

And signed on their behalf by:
Mr R J Wells, Director

NORSEKEM LIMITED Registered Number 05755818

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 January 2015.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Valuation information and policy
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

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

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3