Abbreviated Company Accounts - NAMBIAR SERVICES LTD

NAMBIAR SERVICES LTD - Company Information

Registered Number 07473557

NAMBIAR SERVICES LTD

Abbreviated Accounts

31 December 2015

NAMBIAR SERVICES LTD Registered Number 07473557

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,076	1,898
		3,076	1,898
Current assets
Cash at bank and in hand		50,813	20,709
		50,813	20,709
Creditors: amounts falling due within one year		(24,006)	(18,435)
Net current assets (liabilities)		26,807	2,274
Total assets less current liabilities		29,883	4,172
Total net assets (liabilities)		29,883	4,172
Capital and reserves
Called up share capital		2	2
Profit and loss account		29,881	4,170
Shareholders' funds		29,883	4,172

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 26 September 2016

And signed on their behalf by:
M C A Kumar, Director

NAMBIAR SERVICES LTD Registered Number 07473557

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 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	3,265
Additions	1,947
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	5,212
Depreciation
At 1 January 2015	1,367
Charge for the year	769
On disposals	-
At 31 December 2015	2,136
Net book values
At 31 December 2015	3,076
At 31 December 2014	1,898