NAAB GROUP LTD.

NAAB GROUP LTD.

NAAB GROUP LTD. - Company Information

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Company Registration No. 07938746 (England and Wales)
NAAB GROUP LTD. Abbreviated unaudited accounts for the year ended 30 September 2016
NAAB GROUP LTD. Abbreviated Balance Sheet as at 30 September 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
11,676 
5,718 
Current assets
Debtors
1,884 
3,217 
Cash at bank and in hand
11,212 
5,457 
13,096 
8,674 
Creditors: amounts falling due within one year
(11,919)
(10,231)
Net current assets/(liabilities)
1,177 
(1,557)
Net assets
12,853 
4,161 
Capital and reserves
Called up share capital
3
100 
100 
Profit and loss account
12,753 
4,061 
Total shareholders' funds
12,853 
4,161 
For the year ending 30 September 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 17 March 2017
BAAN PETER ZSOLT Director Company Registration No. 07938746
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NAAB GROUP LTD. Notes to the Abbreviated Accounts for the year ended 30 September 2016
1
Accounting policies
Basis of preparation
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
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
straight line method, 5 years, 20% per year
2
Tangible fixed assets
£ 
Cost
At 1 October 2015
7,148 
Additions
9,367 
At 30 September 2016
16,515 
Depreciation
At 1 October 2015
1,430 
Charge for the year
3,409 
At 30 September 2016
4,839 
Net book value
At 30 September 2016
11,676 
At 30 September 2015
5,718 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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