Nionisle Limited - Abbreviated accounts 16.3

Nionisle Limited - Abbreviated accounts 16.3

NIONISLE LIMITED - Company Information

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REGISTERED NUMBER: 01605181 (England and Wales)















NIONISLE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016













NIONISLE LIMITED (REGISTERED NUMBER: 01605181)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

NIONISLE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2016







DIRECTOR: Mrs P. A. Weller





SECRETARY: M. J. Birch





REGISTERED OFFICE: Gladstone House
77-79 High Street
Egham
Surrey
TW20 9HY





REGISTERED NUMBER: 01605181 (England and Wales)
Page 1
NIONISLE LIMITED (REGISTERED NUMBER: 01605181)

ABBREVIATED BALANCE SHEET
31 AUGUST 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 120,000 120,000

CURRENT ASSETS
Debtors 15,382 4,255
Cash at bank 229,554 261,692
244,936 265,947
CREDITORS
Amounts falling due within one year (1,959 ) (7,060 )
NET CURRENT ASSETS 242,977 258,887
TOTAL ASSETS LESS CURRENT
LIABILITIES
362,977
378,887

PROVISIONS FOR LIABILITIES (297,871 ) (313,781 )
NET ASSETS 65,106 65,106

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Profit and loss account 64,106 64,106
SHAREHOLDERS' FUNDS 65,106 65,106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 27 May 2017 and were signed by:



Mrs P. A. Weller - Director


The notes form part of these abbreviated accounts

Page 2
NIONISLE LIMITED (REGISTERED NUMBER: 01605181)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2016


1. ACCOUNTING POLICIES

Basis of accounting
The accounts are prepared on a going concern basis, the use of the going concern basis of accounting
is appropriate because there are no material uncertainties related to events or conditions that may cast
significant doubt about the ability of the company to continue as a going concern.

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller
Entities (effective January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company
qualifies as a small company.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Investment properties
Investment property is included in the balance sheet at market value.

Surpluses or deficits arising on revaluation are transferred to the revaluation reserve unless a deficit
(or its reversal) is expected to be permanent, in which case it is charged (or credited) in the profit and
loss account of the period.

No depreciation or amortisation is provided in respect of freehold investment properties. This treatment
may be a departure from the Companies Act requirements concerning the depreciation of fixed assets.
However, the properties are not held for consumption but for investment and the director considers
that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore
necessary for the accounts to give a true and fair view. Depreciation or amortisation is only one of the
many factors reflected in the annual valuation and the amount which might otherwise have been
shown cannot be separately identified or quantified.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 September 2015
and 31 August 2016 120,000
NET BOOK VALUE
At 31 August 2016 120,000
At 31 August 2015 120,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1,000 Ordinary £1.00 1,000 1,000

Page 3 continued...
NIONISLE LIMITED (REGISTERED NUMBER: 01605181)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2016


4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, the director, Mrs P.A. Weller, owed the company nil (2015 - £125).

Page 4