Abbreviated Company Accounts - NEW ESTATE CONSULTANCY LIMITED

NEW ESTATE CONSULTANCY LIMITED - Company Information

05387206 NEW ESTATE CONSULTANCY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05387206 2015-04-01 2016-03-31 05387206 2016-03-31 05387206 2015-03-31 05387206 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05387206 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 05387206

NEW ESTATE CONSULTANCY LIMITED

Abbreviated Accounts

31 March 2016

NEW ESTATE CONSULTANCY LIMITED Registered Number 05387206

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,684	3,215
		2,684	3,215
Current assets
Debtors		31,129	2,705
Cash at bank and in hand		2,200	389
		33,329	3,094
Creditors: amounts falling due within one year		(26,128)	(17,924)
Net current assets (liabilities)		7,201	(14,830)
Total assets less current liabilities		9,885	(11,615)
Total net assets (liabilities)		9,885	(11,615)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		9,785	(11,715)
Shareholders' funds		9,885	(11,615)

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 16 December 2016

And signed on their behalf by:
C. Gater, Director

NEW ESTATE CONSULTANCY LIMITED Registered Number 05387206

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 represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

.Equipment, fixtures & fittings - 25% reducing balance basis

Valuation information and policy
Foreign currencies:
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	10,598
Additions	363
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	10,961
Depreciation
At 1 April 2015	7,383
Charge for the year	894
On disposals	-
At 31 March 2016	8,277
Net book values
At 31 March 2016	2,684
At 31 March 2015	3,215

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100