Natalie Adams Limited - Accounts to registrar - small 17.2

Natalie Adams Limited - Accounts to registrar - small 17.2

NATALIE ADAMS LIMITED - Company Information

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REGISTERED NUMBER: 06254784 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2017

FOR

NATALIE ADAMS LIMITED

NATALIE ADAMS LIMITED (REGISTERED NUMBER: 06254784)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NATALIE ADAMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTOR: Miss N Adams





SECRETARY: Miss E L Williams





REGISTERED OFFICE: Howard Worth
Bank Chambers
3 Churchyardside
Nantwich
Cheshire
CW5 5DE





REGISTERED NUMBER: 06254784 (England and Wales)





Page 1
NATALIE ADAMS LIMITED (REGISTERED NUMBER: 06254784)

BALANCE SHEET
31 JANUARY 2017

31/1/17 31/1/16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,240 28,413

CURRENT ASSETS
Stocks 280 277
Debtors 5 266 263
Cash at bank 2,538 3,025
3,084 3,565
CREDITORS
Amounts falling due within one year 6 17,609 31,835
NET CURRENT LIABILITIES (14,525 ) (28,270 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,715
143

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,714 142
SHAREHOLDERS' FUNDS 6,715 143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 August 2017 and were signed by:





Miss N Adams - Director


The notes form part of these financial statements

Page 2
NATALIE ADAMS LIMITED (REGISTERED NUMBER: 06254784)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017


1. STATUTORY INFORMATION

Natalie Adams Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A
''Small Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in
the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been
prepared under the historical cost convention.

These are the first financial statements the Company has prepared in accordance with Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of
Ireland'' (FRS 102) as applied to smaller entities by the adoption of Section 1A of FRS 102. The
financial statements for the year ended 31 January 2016 were prepared in accordance with Financial
Reporting Standard for Smaller Entities (effective January 2015) (FRSSE).

Some of the FRS 102 recognition, measurement, presentation and disclosure requirements and
accounting policy choices differ from the FRSSE. Consequently the directors have amended certain
accounting policies to comply with FRS 102. The directors have also taken advantage of certain
exemptions from the requirements of FRS 102 permitted by FRS 102 Chapter 35 ''Transition to FRS''.
There are no changes in the prior period on transition to FRS 102 as the directors consider them to be
immaterial to financial statements.

Turnover
Turnover represents net invoiced sales of services excluding value added tax. Sales are recognised
each day that services are provided.

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 - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.


Page 3 continued...
NATALIE ADAMS LIMITED (REGISTERED NUMBER: 06254784)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2016 44,031 5,690 49,721
Additions 654 - 654
At 31 January 2017 44,685 5,690 50,375
DEPRECIATION
At 1 February 2016 16,602 4,706 21,308
Charge for year 7,021 806 7,827
At 31 January 2017 23,623 5,512 29,135
NET BOOK VALUE
At 31 January 2017 21,062 178 21,240
At 31 January 2016 27,429 984 28,413

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/17 31/1/16
£    £   
Prepayments 266 263

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/17 31/1/16
£    £   
Trade creditors 1,947 -
Taxation 6,686 181
Directors' current accounts 7,176 29,854
Accrued expenses 1,800 1,800
17,609 31,835

Page 4 continued...
NATALIE ADAMS LIMITED (REGISTERED NUMBER: 06254784)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss N Adams.

Page 5