Abbreviated Company Accounts - NELSON WEST LIMITED
Abbreviated Company Accounts - NELSON WEST LIMITED
Registered Number 08466378
NELSON WEST LIMITED
Abbreviated Accounts
31 March 2016
NELSON WEST LIMITED Registered Number 08466378
Abbreviated Balance Sheet as at 31 March 2016
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| Called up share capital not paid |
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| Fixed assets | |||
| Intangible assets |
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| Tangible assets |
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| Investments | 2 |
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| Current assets | |||
| Stocks |
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| Debtors |
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| Investments |
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| Cash at bank and in hand |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
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| Capital and reserves | |||
| Called up share capital | 3 |
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| Share premium account |
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| Revaluation reserve |
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| Other reserves |
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| Profit and loss account |
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| Shareholders' funds |
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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
And signed on their behalf by:
NELSON WEST LIMITED Registered Number 08466378
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The accounts have been prepared on the Going Concern basis as the director has agreed to provide the necessary financial support to the company to ensure it can continue to trade for a period of at least 12 months from the approval of the Balance Sheet.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).
Other accounting policies
Fixed asset investments are stated at cost less provision for diminution in value.
Group accounts
The financial statements present information about the company as an individual undertaking and not
about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2Fixed assets Investments
Cost
At 1 April 2015 & at 31 March 2016 2,080,250
At 31 March 2015 2,080,250
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Catalina Software Limited England Ordinary 100.00%
The aggregate amount of capital and reserves and the results of these undertakings for the
last relevant financial year were as follows:
Capital and reserves £131,196
Profit/(loss) for the year £184,640
Principal activity Computer software and development