Abbreviated Company Accounts - NEWALFA LIMITED

Registered Number 04167902

NEWALFA LIMITED

Abbreviated Accounts

31 July 2016

NEWALFA LIMITED Registered Number 04167902

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	383,301	383,301
		383,301	383,301
Current assets
Debtors		285,324	103,020
Cash at bank and in hand		989	19,408
		286,313	122,428
Creditors: amounts falling due within one year		(302,373)	(303,373)
Net current assets (liabilities)		(16,060)	(180,945)
Total assets less current liabilities		367,241	202,356
Total net assets (liabilities)		367,241	202,356
Capital and reserves
Called up share capital		10,000	10,000
Profit and loss account		357,241	192,356
Shareholders' funds		367,241	202,356

For the year ending 31 July 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 31 March 2017

And signed on their behalf by:
M Gianazza, Director

NEWALFA LIMITED Registered Number 04167902

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Turnover policy
Represents invoiced sales of goods excluding value Added Tax

2Fixed assets Investments
Represents Investments in Non Quoted Wholly Owned subsidiaries and associates