Micro-entity Accounts - NAAD ARTS LIMITED

06861571 NAAD ARTS LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 06861571 2016-04-01 2017-03-31 06861571 2017-03-31 06861571 2016-03-31 06861571 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 06861571 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 06861571 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 iso4217:GBP shares

Registered Number 06861571

NAAD ARTS LIMITED

Micro-entity Accounts

31 March 2017

NAAD ARTS LIMITED Registered Number 06861571

Micro-entity Balance Sheet as at 31 March 2017

	2017	2016
	£	£
Fixed Assets	-	-
Current Assets	-	-
Prepayments and accrued income	-	-
Creditors: amounts falling due within one year	0	0
Net current assets (liabilities)	0	0
Total assets less current liabilities	0	0
Creditors: amounts falling due after more than one year	(3,915)	(3,915)
Provisions for liabilities	0	0
Accruals and deferred income	0	0
Total net assets (liabilities)	(3,915)	(3,915)
Reserves
Income and expenditure account	(3,915)	(3,915)
Members' funds	(3,915)	(3,915)

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 April 2017

And signed on their behalf by:
Mangesh Narsingrao Gharfalkar, Director

NAAD ARTS LIMITED Registered Number 06861571

Notes to the Micro-entity Accounts for the period ended 31 March 2017

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
The company was inactive during so many previous years and current financial year.

Tangible assets depreciation policy
Not applicable

Intangible assets amortisation policy
Not applicable

Valuation information and policy
Not applicable

Other accounting policies
Since the company was inactive, no liability to UK corporation tax arose on ordinary activities for the year ended 31st March 2017. The company was inactive during previous years and this financial year and will continue to remain inactive (dormant) for foreseeable future. Due to it's inactive status HMRC has confirmed that no Corporation Tax Returns will be required for any period that ends before 31.05.2019 HMRC letter ref no /Cps/0483/62322964 21927 dated 5th September 2014.

ACCOUNT PAYABLE: AMOUNT FALLING DUE AFTER MORE THAN ONE YEAR AS OF 31.03.2017 = £3915. This amount is balance c/d Small business loan from the Director of the Company and therefore not considered as a debt payable to any outside entity.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.