Abbreviated Company Accounts - NU CREATIVE LTD

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Registered Number 05214335

NU CREATIVE LTD

Abbreviated Accounts

31 August 2016

NU CREATIVE LTD Registered Number 05214335

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	1,045
		-	1,045
Current assets
Debtors		342,852	305,512
Cash at bank and in hand		254,358	248,294
		597,210	553,806
Creditors: amounts falling due within one year		(174,904)	(207,839)
Net current assets (liabilities)		422,306	345,967
Total assets less current liabilities		422,306	347,012
Creditors: amounts falling due after more than one year		(11,050)	(16,150)
Total net assets (liabilities)		411,256	330,862
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		411,156	330,762
Shareholders' funds		411,256	330,862

For the year ending 31 August 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 24 May 2017

And signed on their behalf by:
Tim Lindsay, Director
Sarah Kloosman, Director

NU CREATIVE LTD Registered Number 05214335

Notes to the Abbreviated Accounts for the period ended 31 August 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 January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computers and software 33% straight line
Furniture and equipment 33% straight line

2Tangible fixed assets

	£
Cost
At 1 September 2015	25,217
Additions	-
Disposals	(1,558)
Revaluations	-
Transfers	-
At 31 August 2016	23,659
Depreciation
At 1 September 2015	24,172
Charge for the year	525
On disposals	(1,038)
At 31 August 2016	23,659
Net book values
At 31 August 2016	0
At 31 August 2015	1,045

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Tim and Sarah Lindsay
Description of the transaction:	Amount owed to directors
Balance at 1 September 2015:	£ 96
Advances or credits made:	£ 30
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 126

The directors Sarah Kloosman and Timothy Lindsay each own 50% of the share capital of the company and as such are the ultimate controlling parties.