Abbreviated Company Accounts - NEW MORTGAGE SOLUTIONS LTD

NEW MORTGAGE SOLUTIONS LTD - Company Information

05311024 NEW MORTGAGE SOLUTIONS LTD 2016-03-31 false 2015-04-01 2016-03-31 true 05311024 2015-04-01 2016-03-31 05311024 2016-03-31 05311024 2015-03-31 05311024 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05311024 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05311024

NEW MORTGAGE SOLUTIONS LTD

Abbreviated Accounts

31 March 2016

NEW MORTGAGE SOLUTIONS LTD Registered Number 05311024

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,199	2,605
		4,199	2,605
Current assets
Debtors		1,777	9,976
Cash at bank and in hand		132,234	48,810
		134,011	58,786
Creditors: amounts falling due within one year		(38,436)	(34,299)
Net current assets (liabilities)		95,575	24,487
Total assets less current liabilities		99,774	27,092
Total net assets (liabilities)		99,774	27,092
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		99,773	27,091
Shareholders' funds		99,774	27,092

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 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 2 December 2016

And signed on their behalf by:
Mr Francis Worman, Director

NEW MORTGAGE SOLUTIONS LTD Registered Number 05311024

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Tangible assets depreciation policy
Depreciation

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

General Pool 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,873
Additions	2,335
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	8,208
Depreciation
At 1 April 2015	3,268
Charge for the year	741
On disposals	-
At 31 March 2016	4,009
Net book values
At 31 March 2016	4,199
At 31 March 2015	2,605

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

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