Abbreviated Company Accounts - NOVELTY AND LEISURE UK LTD

NOVELTY AND LEISURE UK LTD - Company Information

07755569 NOVELTY AND LEISURE UK LTD 2016-08-31 false 2015-09-01 2016-08-31 true 07755569 2015-09-01 2016-08-31 07755569 2016-08-31 07755569 2015-08-31 07755569 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 07755569 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 07755569

NOVELTY AND LEISURE UK LTD

Abbreviated Accounts

31 August 2016

NOVELTY AND LEISURE UK LTD Registered Number 07755569

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	2,271	2,390
		2,271	2,390
Current assets
Stocks		17,750	18,445
Debtors		4,436	20,602
Cash at bank and in hand		74,010	91,077
		96,196	130,124
Creditors: amounts falling due within one year		(32,602)	(40,930)
Net current assets (liabilities)		63,594	89,194
Total assets less current liabilities		65,865	91,584
Creditors: amounts falling due after more than one year		(48,414)	(54,647)
Total net assets (liabilities)		17,451	36,937
Capital and reserves
Called up share capital	3	2	1
Profit and loss account		17,449	36,936
Shareholders' funds		17,451	36,937

For the year ending 31 August 2016 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 15 November 2016

And signed on their behalf by:
AKSAR ALI, Director

NOVELTY AND LEISURE UK LTD Registered Number 07755569

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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.

2Tangible fixed assets

	£
Cost
At 1 September 2015	2,788
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	2,788
Depreciation
At 1 September 2015	398
Charge for the year	119
On disposals	-
At 31 August 2016	517
Net book values
At 31 August 2016	2,271
At 31 August 2015	2,390

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each (1 shares for 2015)	2	1