Abbreviated Company Accounts - NLP LIMITED

Registered Number 04202646

NLP LIMITED

Abbreviated Accounts

31 March 2016

NLP LIMITED Registered Number 04202646

Abbreviated Balance Sheet as at 31 March 2016

	2016	2015
	£	£
Current assets
Debtors	2,408,585	1,422,382
Cash at bank and in hand	98,792	12,046
	2,507,377	1,434,428
Creditors: amounts falling due within one year	(2,488,717)	(1,413,312)
Net current assets (liabilities)	18,660	21,116
Total assets less current liabilities	18,660	21,116
Total net assets (liabilities)	18,660	21,116
Reserves
Income and expenditure account	18,660	21,116
Members' funds	18,660	21,116

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 23 December 2016

And signed on their behalf by:
A M M McRae, Director
D Ashton, Director

NLP LIMITED Registered Number 04202646

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 amounts receivable for goods and services net of VAT and trade discounts.

Other accounting policies
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.

Transactions with directors
A M M McRae provided management services to the company during the year for which he charged fees at a normal commercial rate which amounted to £45,000 (2015: £45,000).

2Company limited by guarantee
Every member undertakes to contribute a maximum of £1 to the assets of the company in the event of it being wound up within one year of him ceasing to be a member of the company.