Abbreviated Company Accounts - NEVITEC CONSTRUCTION LTD

NEVITEC CONSTRUCTION LTD - Company Information

05888937 NEVITEC CONSTRUCTION LTD 2016-04-30 false 2015-05-01 2016-04-30 true 05888937 2015-05-01 2016-04-30 05888937 2016-04-30 05888937 2015-04-30 05888937 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 05888937 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 05888937

NEVITEC CONSTRUCTION LTD

Abbreviated Accounts

30 April 2016

NEVITEC CONSTRUCTION LTD Registered Number 05888937

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	40,510	46,481
		40,510	46,481
Current assets
Stocks		40,000	-
Debtors		33,397	183,176
Cash at bank and in hand		18,396	9,259
		91,793	192,435
Creditors: amounts falling due within one year		(73,292)	(134,403)
Net current assets (liabilities)		18,501	58,032
Total assets less current liabilities		59,011	104,513
Creditors: amounts falling due after more than one year		(48,261)	(38,267)
Total net assets (liabilities)		10,750	66,246
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		9,750	65,246
Shareholders' funds		10,750	66,246

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 28 January 2017

And signed on their behalf by:
Mr B Singh, Director

NEVITEC CONSTRUCTION LTD Registered Number 05888937

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant and machinery - 25% on reducing balance
Fixtures, fittings
and equipment - 25% on reducing balance
Computer
equipment - 25% on reducing balance

Other accounting policies
Leasing and hire purchase commitments :
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock :
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2015	108,208
Additions	26,685
Disposals	(47,760)
Revaluations	-
Transfers	-
At 30 April 2016	87,133
Depreciation
At 1 May 2015	61,727
Charge for the year	13,503
On disposals	(28,607)
At 30 April 2016	46,623
Net book values
At 30 April 2016	40,510
At 30 April 2015	46,481

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	Mr B Singh
Description of the transaction:	Interest free loans
Balance at 1 May 2015:	£ 58,073
Advances or credits made:	-
Advances or credits repaid:	£ 58,073
Balance at 30 April 2016:	£ 0