Abbreviated Company Accounts - NICK CORTES LIMITED

NICK CORTES LIMITED - Company Information

08966912 NICK CORTES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08966912 2015-04-01 2016-03-31 08966912 2016-03-31 08966912 2015-03-31 08966912 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08966912 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 08966912

NICK CORTES LIMITED

Abbreviated Accounts

31 March 2016

NICK CORTES LIMITED Registered Number 08966912

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	975	-
		975	-
Current assets
Cash at bank and in hand		39,256	34,506
		39,256	34,506
Creditors: amounts falling due within one year		(28,984)	(29,539)
Net current assets (liabilities)		10,272	4,967
Total assets less current liabilities		11,247	4,967
Total net assets (liabilities)		11,247	4,967
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		11,237	4,957
Shareholders' funds		11,247	4,967

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 29 December 2016

And signed on their behalf by:
N Cortes, Director

NICK CORTES LIMITED Registered Number 08966912

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

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment - 25% net book value

Other accounting policies
Related party relationships and transactions

Other transactions
At the balance sheet date the company owed the director £21,980 (2015 - £21,140).

2Tangible fixed assets

	£
Cost
At 1 April 2015	-
Additions	1,300
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,300
Depreciation
At 1 April 2015	-
Charge for the year	325
On disposals	-
At 31 March 2016	325
Net book values
At 31 March 2016	975
At 31 March 2015	-

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

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