Net An Agent Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07782918 (England and Wales)

NET AN AGENT LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J P De Haan

L A Nicholson-Taylor

A J Thorpe

C Bamford

SECRETARY:

J P De Haan

REGISTERED OFFICE:

The Workshop

32-40 Tontine Street

Folkestone

Kent

CT20 1JU

REGISTERED NUMBER:

07782918 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

2

8,853

8,853

Tangible assets

3

2,746

-

11,599

8,853

CURRENT ASSETS

Debtors

50,882

25,040

Cash at bank

16,851

6,218

67,733

31,258

CREDITORS

Amounts falling due within one year

184,410

186,847

NET CURRENT LIABILITIES

(116,677

)

(155,589

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(105,078

)

(146,736

)

CAPITAL AND RESERVES

Called up share capital

4

10,000

8,500

Share premium

248,500

-

Profit and loss account

(363,578

)

(155,236

)

SHAREHOLDERS' FUNDS

(105,078

)

(146,736

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 13 January 2017 and were signed on its behalf by:

A J Thorpe - 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 goods, 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.

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

8,853

NET BOOK VALUE

At 30 September 2016

8,853

At 30 September 2015

8,853

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,662

At 30 September 2016

3,662

DEPRECIATION

Charge for year

916

At 30 September 2016

916

NET BOOK VALUE

At 30 September 2016

2,746

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

10,000

Ordinary

£1.00

10,000

8,500

1,500 Ordinary shares of £1.00 each were allotted as fully paid at a premium of 165.67 per share during the

year.

5.	GOING CONCERN

These accounts have been prepared on a going concern basis on the understanding that the Directors and

shareholders will continue to financial support the company.