Narm Limited - Abbreviated accounts 16.3

Narm Limited - Abbreviated accounts 16.3

NARM LIMITED - Company Information

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REGISTERED NUMBER: 05598552 (England and Wales)




















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

NARM LIMITED

NARM LIMITED (REGISTERED NUMBER: 05598552)

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










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

NARM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2016







DIRECTOR: J Povey





SECRETARY: Ms J Povey





REGISTERED OFFICE: C/o Civvals Limited
50 Seymour Street
London
W1H 7JG





REGISTERED NUMBER: 05598552 (England and Wales)





ACCOUNTANTS: Civvals Limited
50 Seymour Street
London
W1H 7JG
Page 1
NARM LIMITED (REGISTERED NUMBER: 05598552)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,633 2,869

CURRENT ASSETS
Debtors 53,019 94,767
Cash at bank 22,434 7,939
75,453 102,706
CREDITORS
Amounts falling due within one year 70,126 83,077
NET CURRENT ASSETS 5,327 19,629
TOTAL ASSETS LESS CURRENT
LIABILITIES
7,960
22,498

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 7,860 22,398
SHAREHOLDERS' FUNDS 7,960 22,498

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

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

The director acknowledges his 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 12 July 2017 and were signed by:





J Povey - Director


The notes form part of these abbreviated accounts

Page 2
NARM LIMITED (REGISTERED NUMBER: 05598552)

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


1. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Tangible fixed assets - depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life:

Fixtures & Fittings - 25% Reducing Balance
Equipment - 25% Reducing Balance
Computer - 25% Reducing Balance

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015 12,175
Additions 642
At 31 October 2016 12,817
DEPRECIATION
At 1 November 2015 9,306
Charge for year 878
At 31 October 2016 10,184
NET BOOK VALUE
At 31 October 2016 2,633
At 31 October 2015 2,869

Page 3 continued...
NARM LIMITED (REGISTERED NUMBER: 05598552)

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


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £ 1 100 100

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2016 and
31 October 2015:

2016 2015
£    £   
J Povey
Balance outstanding at start of year 88,939 54,365
Amounts advanced - 34,574
Amounts repaid (41,748 ) -
Balance outstanding at end of year 47,191 88,939

Included in Debtors at 31 October 2016 is an amount owing from the director, Mr J Povey of £47,191 (2015:
£88,939).This amount was repaid within nine months of the year end.

5. CONTROL

Mr and Mrs Povey control the company by virtue of their 100% interest in the shareholding of the company.

Page 4