ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation


07442823 NISECH LIMITED 2015-02-01 2016-01-31 false true 2016-01-31 07442823 2016-01-31 07442823 2015-02-01 2016-01-31 07442823 2015-01-31 07442823 c:OrdinaryShareClass1 2016-01-31 07442823 c:OrdinaryShareClass1 2015-01-31 07442823 c:OrdinaryShareClass1 2015-02-01 2016-01-31 07442823 c:Director1 2015-02-01 2016-01-31 07442823 d:Subsidiary1 2015-02-01 2016-01-31 07442823 d:Subsidiary1 2016-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 07442823










NISECH LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




































Whiting & Partners
Chartered Accountants & Business Advisers
Greenwood House
Greenwood Court
Skyliner Way
Bury St Edmunds
Suffolk
IP32 7GY

 
NISECH LIMITED
REGISTERED NUMBER: 07442823

ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2016




2016

2015
Note
£
£
£
£
 
FIXED ASSETS





 
Investments
 
2
4,659,321

4,659,321






 
CREDITORS: amounts falling due within one year
(23,185)
(23,185)
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 4,636,136

 4,636,136
  
CAPITAL AND RESERVES

 
Called up share capital
3
72,883
72,883
 
Share premium account
4,563,253
4,563,253
 
SHAREHOLDERS' FUNDS
 

 4,636,136

 4,636,136


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question 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 for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 January 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.


The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 





Robert G Chambers
Director

Date: 27 October 2016

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
NISECH LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

1.2
Investments

Investments held as fixed assets are shown at cost less provision for impairment.


2.FIXED ASSET INVESTMENTS



£


Cost or valuation



At 1 February 2015 and 31 January 2016

4,659,321




Net book value


At 31 January 2016
 4,659,321


At 31 January 2015

 4,659,321

Subsidiary undertakings

The following were subsidiary undertakings of the company:

Name
Class of shares
Holding



Chambers Farming Group Limited
Ordinary
100%

The aggregate of the share capital and reserves as at 31 January 2016 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(loss)

        £
        £



Chambers Farming Group Limited
5,902,747
93,797

Page 2

 
NISECH LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

3.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



72,883 Ordinary shares of £1 each
 72,883
 72,883

Page 3