NRG Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07640648 (England and Wales)

NRG CONSULTANTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1ST JUNE 2015 TO 31ST AUGUST 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

N R Goodman

SECRETARY:

Mrs C A Goodman

REGISTERED OFFICE:

White Cottage

Bowesden Lane

Shorne

Gravesend

Kent

DA12 3LA

REGISTERED NUMBER:

07640648 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

2

27,631

35,319

CURRENT ASSETS

Debtors

370

8,065

Cash at bank

13,776

13,345

14,146

21,410

CREDITORS

Amounts falling due within one year

36,613

11,962

NET CURRENT (LIABILITIES)/ASSETS

(22,467

)

9,448

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,164

44,767

PROVISIONS FOR LIABILITIES

4,663

5,961

NET ASSETS

501

38,806

CAPITAL AND RESERVES

Called up share capital

3

105

Profit and loss account

396

38,701

SHAREHOLDERS' FUNDS

501

38,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st August 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27th January 2017 and were signed by:

N R Goodman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold

-

10% on cost

Computer equipment

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

60,506

Additions

29,212

Disposals

(28,800

)

At 31st August 2016

60,918

DEPRECIATION

At 1st June 2015

25,187

Charge for period

8,100

At 31st August 2016

33,287

NET BOOK VALUE

At 31st August 2016

27,631

At 31st May 2015

35,319

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

1

Ordinary A

£1

1

Ordinary B

£1

1

3

Ordinary C

£1

3

105

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N R Goodman.

The director, together with his immediate family, owns 100% of the issued share capital and therefore has

ultimate control of the company.