Abbreviated Company Accounts - NOBLECASTLE LIMITED

NOBLECASTLE LIMITED - Company Information

01793553 NOBLECASTLE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01793553 2015-04-01 2016-03-31 01793553 2016-03-31 01793553 2015-03-31 01793553 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01793553 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 01793553

NOBLECASTLE LIMITED

Abbreviated Accounts

31 March 2016

NOBLECASTLE LIMITED Registered Number 01793553

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	13,670	18,227
Investments	3	239	239
		13,909	18,466
Current assets
Debtors		78,730	76,887
Cash at bank and in hand		15,172	32,596
		93,902	109,483
Creditors: amounts falling due within one year		(23,078)	(41,083)
Net current assets (liabilities)		70,824	68,400
Total assets less current liabilities		84,733	86,866
Total net assets (liabilities)		84,733	86,866
Capital and reserves
Called up share capital	4	84,000	84,000
Profit and loss account		733	2,866
Shareholders' funds		84,733	86,866

For the year ending 31 March 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 30 June 2017

And signed on their behalf by:
PATRICK BOWDEN-SMITH, Director

NOBLECASTLE LIMITED Registered Number 01793553

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services to third parties in the normal course of business net of VAT and trade discounts. Revenue from goods and services is recognised when goods and services have been provided and the right to consideration has been earned.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing balance
Fixtures, fitting and equipment - 25% Reducing balance and 3 years straight line

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	97,159
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	97,159
Depreciation
At 1 April 2015	78,932
Charge for the year	4,557
On disposals	-
At 31 March 2016	83,489
Net book values
At 31 March 2016	13,670
At 31 March 2015	18,227

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
84,000 Ordinary shares of £1 each	84,000	84,000

5Transactions with directors

Name of director receiving advance or credit:	P D H BOWDEN-SMITH
Description of the transaction:	DIRECTOR'S LOAN
Balance at 1 April 2015:	£ 49,005
Advances or credits made:	£ 1,843
Advances or credits repaid:	-
Balance at 31 March 2016:	£ 50,848