NEX Consulting Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04833790 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2016

for

NEX Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Andrew C Partington

Mrs K L Partington

SECRETARY:

Mrs K L Partington

REGISTERED OFFICE:

Pilgrim Cottage

31 Slipper Road

Emsworth

Hampshire

PO10 8BS

REGISTERED NUMBER:

04833790 (England and Wales)

ACCOUNTANTS:

Turner & Co

Chartered Accountants

10a White Hart Parade

London Road

Blackwater

Camberley

Surrey

GU17 9AD

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

156

388

156

388

CURRENT ASSETS

Debtors

14,245

319

Cash at bank

8,502

15,506

22,747

15,825

CREDITORS

Amounts falling due within one year

41,201

33,687

NET CURRENT LIABILITIES

(18,454

)

(17,862

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(18,298

)

(17,474

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(18,300

)

(17,476

)

SHAREHOLDERS' FUNDS

(18,298

)

(17,474

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 August 2017 and were signed on its behalf by:

Andrew C Partington - Director

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 goods, excluding value added tax.

Franchise costs

Franchise costs are amortised over the period of the Franchise Agreement, that is, over a period of five years on a

straight line basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

27,978

AMORTISATION

At 1 December 2015

and 30 November 2016

27,978

NET BOOK VALUE

At 30 November 2016

-

At 30 November 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

13,247

DEPRECIATION

At 1 December 2015

12,859

Charge for year

232

At 30 November 2016

13,091

NET BOOK VALUE

At 30 November 2016

156

At 30 November 2015

388

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

2

Ordinary

£1

2

5.	GOING CONCERN

The accounts have been prepared on a going concern basis as a result of the directors having undertaken to

continue to support the company for the foreseeable future,