Abbreviated Company Accounts - NADCO LEISURE LIMITED

NADCO LEISURE LIMITED - Company Information

07429546 NADCO LEISURE LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 07429546 2015-03-01 2016-02-28 07429546 2016-02-28 07429546 2015-02-28 07429546 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 07429546 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 07429546

NADCO LEISURE LIMITED

Abbreviated Accounts

28 February 2016

NADCO LEISURE LIMITED Registered Number 07429546

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	121,000
Tangible assets	3	-	102,311
		-	223,311
Current assets
Debtors	4	374,429	140,598
Cash at bank and in hand		120,485	35,298
		494,914	175,896
Creditors: amounts falling due within one year		(106,457)	(70,272)
Net current assets (liabilities)		388,457	105,624
Total assets less current liabilities		388,457	328,935
Provisions for liabilities		-	(3,002)
Total net assets (liabilities)		388,457	325,933
Capital and reserves
Called up share capital	5	501	501
Share premium account		399,500	399,500
Profit and loss account		(11,544)	(74,068)
Shareholders' funds		388,457	325,933

For the year ending 28 February 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 29 November 2016

And signed on their behalf by:
N G Biscoe Cilenti, Director

NADCO LEISURE LIMITED Registered Number 07429546

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Turnover policy
Turnover represents the value of services supplied by the company, excluding value added tax where applicable.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery ranges from 10% to 20% straight line
Fixtures and fittings and equipment ranges from 12.5% to 25% straight line

2Intangible fixed assets

	£
Cost
At 1 March 2015	165,000
Additions	-
Disposals	(165,000)
Revaluations	-
Transfers	-
At 28 February 2016	0
Amortisation
At 1 March 2015	44,000
Charge for the year	-
On disposals	(44,000)
At 28 February 2016	0
Net book values
At 28 February 2016	0
At 28 February 2015	121,000

3Tangible fixed assets

	£
Cost
At 1 March 2015	260,598
Additions	984
Disposals	(261,582)
Revaluations	-
Transfers	-
At 28 February 2016	0
Depreciation
At 1 March 2015	158,287
Charge for the year	-
On disposals	(158,287)
At 28 February 2016	0
Net book values
At 28 February 2016	0
At 28 February 2015	102,311

4Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	364,429	132,382

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
501 Ordinary shares of £1 each	501	501