Abbreviated Company Accounts - NE BRAZIL INVESTMENTS LTD

Abbreviated Company Accounts - NE BRAZIL INVESTMENTS LTD

ST PAULS PROJECTS LTD - Company Information

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Registered Number 08847429

NE BRAZIL INVESTMENTS LTD

Abbreviated Accounts

31 March 2016

NE BRAZIL INVESTMENTS LTD Registered Number 08847429

Abbreviated Balance Sheet as at 31 March 2016

Notes 31/03/2016 31/01/2015
£ £
Fixed assets
Tangible assets 2 375,000 -
375,000 -
Current assets
Debtors 3 1,000,158 10,519
Cash at bank and in hand 17,515 22
1,017,673 10,541
Creditors: amounts falling due within one year 4 (112,549) (10,540)
Net current assets (liabilities) 905,124 1
Total assets less current liabilities 1,280,124 1
Creditors: amounts falling due after more than one year 4 (1,280,058) -
Total net assets (liabilities) 66 1
Capital and reserves
Called up share capital 1 1
Profit and loss account 65 -
Shareholders' funds 66 1
  • 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 13 December 2016

And signed on their behalf by:
Mr D Gibbins, Director

NE BRAZIL INVESTMENTS LTD Registered Number 08847429

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 January 2015.

Turnover policy
Turnover comprises the value of sales of goods and services in the normal course of business

Tangible assets depreciation policy
Tangible assets are shown at original historical cost.

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life

Land: land has an unlimited life and therefore is not depreciated

2Tangible fixed assets
£
Cost
At 1 February 2015 -
Additions 375,000
Disposals -
Revaluations -
Transfers -
At 31 March 2016 375,000
Depreciation
At 1 February 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 375,000
At 31 January 2015 -
3Debtors
31/03/2016
£		 31/01/2015
£
Debtors include the following amounts due after more than one year 773,418 0
4Creditors
31/03/2016
£		 31/01/2015
£
Secured Debts 7,763 -