Abbreviated Company Accounts - NEWLOFTS LIMITED

Registered Number 06914560

NEWLOFTS LIMITED

Abbreviated Accounts

31 May 2016

NEWLOFTS LIMITED Registered Number 06914560

Abbreviated Balance Sheet as at 31 May 2016

	Notes	31/05/2016	31/07/2015
		£	£
Fixed assets
Tangible assets	2	47,526	47,526
		47,526	47,526
Current assets
Debtors		19,700	19,700
Cash at bank and in hand		41,277	41,277
		60,977	60,977
Creditors: amounts falling due within one year		(25,196)	(25,196)
Net current assets (liabilities)		35,781	35,781
Total assets less current liabilities		83,307	83,307
Total net assets (liabilities)		83,307	83,307
Capital and reserves
Called up share capital		100	100
Profit and loss account		83,207	83,207
Shareholders' funds		83,307	83,307

For the year ending 31 May 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 8 February 2017

And signed on their behalf by:
D LEGGE, Director

NEWLOFTS LIMITED Registered Number 06914560

Notes to the Abbreviated Accounts for the period ended 31 May 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.

2Tangible fixed assets

	£
Cost
At 1 August 2015	47,526
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	47,526
Depreciation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 May 2016	-
Net book values
At 31 May 2016	47,526
At 31 July 2015	47,526