Nim Communications Limited - Abbreviated accounts 16.3

Nim Communications Limited - Abbreviated accounts 16.3

NIM COMMUNICATIONS LIMITED - Company Information

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REGISTERED NUMBER: 03294154 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Nim Communications Limited

Nim Communications Limited (Registered number: 03294154)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Nim Communications Limited

Company Information
for the Year Ended 31 December 2015







DIRECTORS: Miss N K Aouilk
Mr K O Jaiyeola





SECRETARY: Miss N K Aouilk





REGISTERED OFFICE: 4 Saint Marys Road
Market Harborough
Leicester
Leicestershire
LE16 7DU





REGISTERED NUMBER: 03294154 (England and Wales)





ACCOUNTANTS: Pinnacle
Chartered Certified Accountants
& Registered Auditors
32 DeMontfort Street
Leicester
Leicestershire
LE1 7GD
Page 1
Nim Communications Limited (Registered number: 03294154)

Abbreviated Balance Sheet
31 December 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 119,996 123,373

CURRENT ASSETS
Debtors 10,219 26,476
Cash at bank 1,323 4,131
11,542 30,607
CREDITORS
Amounts falling due within one year 42,007 82,653
NET CURRENT LIABILITIES (30,465 ) (52,046 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
89,531
71,327

CREDITORS
Amounts falling due after more than one
year
38,337
35,925
NET ASSETS 51,194 35,402

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 51,192 35,400
SHAREHOLDERS' FUNDS 51,194 35,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 15 March 2017 and were signed on its behalf
by:




Miss N K Aouilk - Director



Mr K O Jaiyeola - Director


The notes form part of these abbreviated accounts

Page 2
Nim Communications Limited (Registered number: 03294154)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2015

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.


Deferred tax
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date
to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise,
based on current tax rates and law. Timing differences arise from the inclusion of items of income and
expenditure in taxation computations in periods different from those in which they are included in the
financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be
recovered. Deferred tax assets and liabilities are not discounted.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 196,830
DEPRECIATION
At 1 January 2015 73,457
Charge for year 3,377
At 31 December 2015 76,834
NET BOOK VALUE
At 31 December 2015 119,996
At 31 December 2014 123,373

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
2 Ordinary £1 2 2

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 December 2015, other creditors include the following amounts due to directors:-

Mr K O Jaiyeola £18,025 (2014 - £17,963 )
Miss N K Aouilk £20,583 (2014 - £21,963 )

The loans are interest free and repayable on demand.

Page 3