Abbreviated Company Accounts - NEW REVIVAL LIMITED

NEW REVIVAL LIMITED - Company Information

Registered Number 04371089

NEW REVIVAL LIMITED

Abbreviated Accounts

30 November 2016

NEW REVIVAL LIMITED Registered Number 04371089

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	331	157
		331	157
Current assets
Debtors		11,823	81,972
Cash at bank and in hand		29,462	67,950
		41,285	149,922
Creditors: amounts falling due within one year		(22,680)	(77,553)
Net current assets (liabilities)		18,605	72,369
Total assets less current liabilities		18,936	72,526
Provisions for liabilities		(66)	(31)
Total net assets (liabilities)		18,870	72,495
Capital and reserves
Called up share capital		2	2
Profit and loss account		18,868	72,493
Shareholders' funds		18,870	72,495

For the year ending 30 November 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 29 August 2017

And signed on their behalf by:
C D Roberts, Director

NEW REVIVAL LIMITED Registered Number 04371089

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Compliance with accounting standards
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 and trade discounts.

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:
Fixtures, fittings & equipment 33.33% straight line

Other accounting policies
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the
treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 December 2015	1,478
Additions	340
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	1,818
Depreciation
At 1 December 2015	1,321
Charge for the year	166
On disposals	-
At 30 November 2016	1,487
Net book values
At 30 November 2016	331
At 30 November 2015	157