Abbreviated Company Accounts - NORTH AND SOUTH LABELS LIMITED

Abbreviated Company Accounts - NORTH AND SOUTH LABELS LIMITED

NORTH AND SOUTH LABELS LIMITED - Company Information

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Registered Number 03740586

NORTH AND SOUTH LABELS LIMITED

Abbreviated Accounts

31 March 2016

NORTH AND SOUTH LABELS LIMITED Registered Number 03740586

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 57,810 68,176
57,810 68,176
Current assets
Stocks 69,464 75,105
Debtors 96,373 113,576
Investments - -
Cash at bank and in hand - 8,629
165,837 197,310
Prepayments and accrued income 1,580 -
Creditors: amounts falling due within one year (106,398) (110,129)
Net current assets (liabilities) 61,019 87,181
Total assets less current liabilities 118,829 155,357
Total net assets (liabilities) 118,829 155,357
Capital and reserves
Called up share capital 100 100
Profit and loss account 118,729 155,257
Shareholders' funds 118,829 155,357
  • For the year ending 31 March 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 15 March 2017

And signed on their behalf by:
John Kemp, Director
Christopher Gibson, Director

NORTH AND SOUTH LABELS LIMITED Registered Number 03740586

Notes to the Abbreviated Accounts for the period ended 31 March 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 April 2015 188,595
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 188,595
Depreciation
At 1 April 2015 120,419
Charge for the year 10,366
On disposals -
At 31 March 2016 130,785
Net book values
At 31 March 2016 57,810
At 31 March 2015 68,176