NGC Corp International Limited - Abbreviated accounts 16.1
NGC Corp International Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 December 2015 |
for |
NGC Corp International Limited |
NGC Corp International Limited (Registered number: 08901162) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 December 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
NGC Corp International Limited |
Company Information |
for the Year Ended 31 December 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
NGC Corp International Limited (Registered number: 08901162) |
Abbreviated Balance Sheet |
31 December 2015 |
31.12.15 | 31.12.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors on its behalf by: |
NGC Corp International Limited (Registered number: 08901162) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 December 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
Preparation of consolidated financial statements |
The financial statements contain information about NGC Corp International Limited as an individual |
company and do not contain consolidated financial information as the parent of a group. The company |
has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated |
financial statements. |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
Fixed asset investments |
Fixed asset investments are stated at cost less provision for any permanent diminution in value. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 January 2015 |
and 31 December 2015 | 122,570 |
NET BOOK VALUE |
At 31 December 2015 |
At 31 December 2014 |
The company's investments at the Balance Sheet date in the share capital of companies include the |
following: |
Country of incorporation: United Kingdom |
Nature of business: |
% |
Class of shares: | holding |
Ordinary B | 66.80 |
£ | £ |
Aggregate capital and reserves | (542,706 | ) | (90,215 | ) |
Loss for the year/period | (452,491 | ) | (150,287 | ) |
The directors have not prepared group financial statements as the company is subject to the small |
companies' regime. |
NGC Corp International Limited (Registered number: 08901162) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.15 | 31.12.14 |
value: | £ | £ |
Ordinary | £1 |
4. | ULTIMATE PARENT COMPANY |
being the company's ultimate parent company. |