Abbreviated Company Accounts - NM EYECARE LIMITED

NM EYECARE LIMITED - Company Information

04348868 NM EYECARE LIMITED 2014-01-31 false 2013-02-01 2014-01-31 true 04348868 2013-02-01 2014-01-31 04348868 2014-01-31 04348868 2013-01-31 04348868 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 04348868 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 04348868

NM EYECARE LIMITED

Abbreviated Accounts

31 January 2014

NM EYECARE LIMITED Registered Number 04348868

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	24,800	27,900
Tangible assets	3	5,707	4,867
		30,507	32,767
Current assets
Stocks		13,000	11,000
Debtors		7,021	8,656
Cash at bank and in hand		210,102	218,996
		230,123	238,652
Creditors: amounts falling due within one year		(56,422)	(27,453)
Net current assets (liabilities)		173,701	211,199
Total assets less current liabilities		204,208	243,966
Provisions for liabilities		(101)	(251)
Total net assets (liabilities)		204,107	243,715
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		204,007	243,615
Shareholders' funds		204,107	243,715

For the year ending 31 January 2014 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 20 October 2014

And signed on their behalf by:
Mr Nilesh Mehta, Director

NM EYECARE LIMITED Registered Number 04348868

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
FF and equipment 20% Straight line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 February 2013	62,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	62,000
Amortisation
At 1 February 2013	34,100
Charge for the year	3,100
On disposals	-
At 31 January 2014	37,200
Net book values
At 31 January 2014	24,800
At 31 January 2013	27,900

3Tangible fixed assets

	£
Cost
At 1 February 2013	52,707
Additions	2,341
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	55,048
Depreciation
At 1 February 2013	47,840
Charge for the year	1,501
On disposals	-
At 31 January 2014	49,341
Net book values
At 31 January 2014	5,707
At 31 January 2013	4,867

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100