Northern Shire Facilities Management Ltd - Abbreviated accounts 16.3
Northern Shire Facilities Management Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31st August 2016 |
| for |
| Northern Shire Facilities Management |
| Limited |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Contents of the Abbreviated Accounts |
| for the year ended 31st August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Northern Shire Facilities Management |
| Limited |
| Company Information |
| for the year ended 31st August 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Abbreviated Balance Sheet |
| 31st August 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Abbreviated Balance Sheet - continued |
| 31st August 2016 |
| The financial statements were approved by the Board of Directors on |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Notes to the Abbreviated Accounts |
| for the year ended 31st August 2016 |
| 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 and services, excluding value added tax. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of the business in 1998, is being amortised |
| evenly over its estimated useful life of 20 years. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Office equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31st August 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st September 2015 |
| Disposals | ( |
) |
| At 31st August 2016 |
| AMORTISATION |
| At 1st September 2015 |
| Amortisation for year |
| Eliminated on disposal | ( |
) |
| At 31st August 2016 |
| NET BOOK VALUE |
| At 31st August 2016 |
| At 31st August 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st September 2015 |
| Additions |
| Disposals | ( |
) |
| At 31st August 2016 |
| DEPRECIATION |
| At 1st September 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st August 2016 |
| NET BOOK VALUE |
| At 31st August 2016 |
| At 31st August 2015 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2016 | 2015 |
| £ | £ |
| Repayable by instalments | 33,600 | 44,800 |
| Northern Shire Facilities Management |
| Limited (Registered number: 03523838) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31st August 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |