Abbreviated Company Accounts - NEW CHAPTERS LIFESTYLE LTD

NEW CHAPTERS LIFESTYLE LTD - Company Information

08289826 NEW CHAPTERS LIFESTYLE LTD 2016-05-31 false 2015-06-01 2016-05-31 true 08289826 2015-06-01 2016-05-31 08289826 2016-05-31 08289826 2015-05-31 08289826 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 08289826 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 08289826

NEW CHAPTERS LIFESTYLE LTD

Abbreviated Accounts

31 May 2016

NEW CHAPTERS LIFESTYLE LTD Registered Number 08289826

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	20,058	18,418
		20,058	18,418
Current assets
Debtors		331	5,155
Cash at bank and in hand		115,284	1,212
		115,615	6,367
Creditors: amounts falling due within one year		(133,961)	(15,547)
Net current assets (liabilities)		(18,346)	(9,180)
Total assets less current liabilities		1,712	9,238
Creditors: amounts falling due after more than one year		-	(37,000)
Total net assets (liabilities)		1,712	(27,762)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,612	(27,862)
Shareholders' funds		1,712	(27,762)

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 14 February 2017

And signed on their behalf by:
Esther Leong, Director

NEW CHAPTERS LIFESTYLE LTD Registered Number 08289826

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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery over the useful life
Fixtures, fittings & equipment over 3 years

Other accounting policies
Compliance with Accounting Standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 June 2015	35,117
Additions	7,150
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	42,267
Depreciation
At 1 June 2015	16,699
Charge for the year	5,510
On disposals	-
At 31 May 2016	22,209
Net book values
At 31 May 2016	20,058
At 31 May 2015	18,418

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100