Nicole Chapman Limited - Period Ending 2016-03-31

Registration number: 08900922

Nicole Chapman Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Accountax Ltd
Accountants and Tax Advisors
Maple House
Larch Avenue
Sunninghill
Berkshire
SL5 0AW

Nicole Chapman Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Nicole Chapman Limited
(Registration number: 08900922)
Abbreviated Balance Sheet at 31 March 2016

		Note			31 March 2016 £			31 March 2015 £
Fixed assets
Tangible fixed assets					418			390
Current assets
Debtors					11,370			5,000
Cash at bank and in hand					1,280			3,801
					12,650			8,801
Creditors: Amounts falling due within one year					(12,846)			(9,498)
Net current liabilities					(196)			(697)
Total assets less current liabilities					222			(307)
Provisions for liabilities					(84)			(78)
Net assets/(liabilities)					138			(385)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					137			(386)
Shareholders' funds/(deficit)					138			(385)

For the year ending 31 March 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 director acknowledges her 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 director on 28 June 2016

.........................................
Miss Nicole Chapman
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Nicole Chapman Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the costor valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Nicole Chapman Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		540			540
Additions		167			167
At 31 March 2016		707			707
Depreciation
At 1 April 2015		150			150
Charge for the year		139			139
At 31 March 2016		289			289
Net book value
At 31 March 2016		418			418
At 31 March 2015		390			390

3	Share capital

Allotted, called up and fully paid shares

	31 March 2016						31 March 2015
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 3