Abbreviated Company Accounts - ND PLASTICS DIRECT LIMITED

ND PLASTICS DIRECT LIMITED - Company Information

08413482 ND PLASTICS DIRECT LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08413482 2015-04-01 2016-03-31 08413482 2016-03-31 08413482 2015-03-31 08413482 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08413482 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 08413482

ND PLASTICS DIRECT LIMITED

Abbreviated Accounts

31 March 2016

ND PLASTICS DIRECT LIMITED Registered Number 08413482

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	342,051	303,099
		342,051	303,099
Current assets
Debtors		50,031	67,052
Cash at bank and in hand		162,277	74,685
		212,308	141,737
Creditors: amounts falling due within one year	3	(270,061)	(231,290)
Net current assets (liabilities)		(57,753)	(89,553)
Total assets less current liabilities		284,298	213,546
Creditors: amounts falling due after more than one year	3	(102,044)	(63,598)
Total net assets (liabilities)		182,254	149,948
Capital and reserves
Called up share capital	4	10,000	10,000
Profit and loss account		172,254	139,948
Shareholders' funds		182,254	149,948

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 15 November 2016

And signed on their behalf by:
Neill Dransfield, Director

ND PLASTICS DIRECT LIMITED Registered Number 08413482

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.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the relevant assets over their estimated useful lives:
Office equipment 20% straight line
Rental caravan 20% straight line
No depreciation is provided in respect of Investment Properties and the Director considers there is no significant change in the value of these properties at 31st March 2016.

Other accounting policies
Related party disclosures
LIV Supplies Limited
Neill Dransfield is a controlling shareholder in the above company
Any balance owing to or owed by LIV Supplies Limited at 31st March 2016 is the result of transactions conducted in the ordinary course of business. Balances due from the related party at 31st March 2016 were £3593 (31st March 2015 £3035). Balances due to the related party at 31st March 2016 were £204437 (31st March 2015 £149831)

2Tangible fixed assets

	£
Cost
At 1 April 2015	303,625
Additions	45,560
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	349,185
Depreciation
At 1 April 2015	526
Charge for the year	6,608
On disposals	-
At 31 March 2016	7,134
Net book values
At 31 March 2016	342,051
At 31 March 2015	303,099

3Creditors

	2016 £	2015 £
Secured Debts	113,400	70,426

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10,000 Ordinary shares of £1 each	10,000	10,000