Abbreviated Company Accounts - NU - FX - LIMITED

Abbreviated Company Accounts - NU - FX - LIMITED


Registered Number 03359451

NU - FX - LIMITED

Abbreviated Accounts

30 April 2016

NU - FX - LIMITED Registered Number 03359451

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 867 98
867 98
Current assets
Debtors 777 1,323
Cash at bank and in hand 3,156 8,490
3,933 9,813
Creditors: amounts falling due within one year (3,958) (4,600)
Net current assets (liabilities) (25) 5,213
Total assets less current liabilities 842 5,311
Total net assets (liabilities) 842 5,311
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 742 5,211
Shareholders' funds 842 5,311
  • For the year ending 30 April 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 20 January 2017

And signed on their behalf by:
Anthony Ume, Director

NU - FX - LIMITED Registered Number 03359451

Notes to the Abbreviated Accounts for the period ended 30 April 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Furniture & Fittings:- 15% reducing balance
Computer Equipment :- 33 1/3% reducing balance

2Tangible fixed assets
£
Cost
At 1 May 2015 4,390
Additions 1,168
Disposals -
Revaluations -
Transfers -
At 30 April 2016 5,558
Depreciation
At 1 May 2015 4,292
Charge for the year 399
On disposals -
At 30 April 2016 4,691
Net book values
At 30 April 2016 867
At 30 April 2015 98
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100