Abbreviated Company Accounts - NAILWORKS LIMITED

04335597 NAILWORKS LIMITED 2016-03-31 false 2015-03-31 2016-03-31 true 04335597 2015-03-31 2016-03-31 04335597 2016-03-31 04335597 2015-03-30 04335597 uk-gaap-cd-bus:Director1 2015-03-31 2016-03-31 04335597 uk-gaap-cd-bus:Director2 2015-03-31 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-30 iso4217:GBP shares

Registered Number 04335597

NAILWORKS LIMITED

Abbreviated Accounts

31 March 2016

NAILWORKS LIMITED Registered Number 04335597

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	69,999	69,999
		69,999	69,999
Current assets
Cash at bank and in hand		8,345	5,142
		8,345	5,142
Creditors: amounts falling due within one year		(18,600)	(19,416)
Net current assets (liabilities)		(10,255)	(14,274)
Total assets less current liabilities		59,744	55,725
Creditors: amounts falling due after more than one year		-	(2,948)
Total net assets (liabilities)		59,744	52,777
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		59,742	52,775
Shareholders' funds		59,744	52,777

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 31 December 2016

And signed on their behalf by:
SS Badhan Gill, Director

NAILWORKS LIMITED Registered Number 04335597

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 property rental income

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets ,so as to write off the cost or valuation . less any estimated residual value ,over their expected useful economic life
Office Equipment 25% straight line basis

2Tangible fixed assets

	£
Cost
At 31 March 2015	73,351
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	73,351
Depreciation
At 31 March 2015	3,352
Charge for the year	-
On disposals	-
At 31 March 2016	3,352
Net book values
At 31 March 2016	69,999
At 30 March 2015	69,999

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2