NR1 Tradings Ltd - Accounts

NR1 Tradings Ltd - Accounts

NR1 TRADINGS LTD - Company Information

Print Friendly Version

NR1 Tradings Ltd 07913287 false 1 April 2016 07913287 2016-04-01 2017-03-31 07913287 2016-03-31 07913287 2017-03-31 07913287 2015-04-01 2016-03-31 07913287 2015-03-31 07913287 2016-03-31 07913287 frs102-bus:FRS102 2016-04-01 2017-03-31 07913287 frs102-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 07913287 frs102-bus:FullAccounts 2016-04-01 2017-03-31 07913287 frs102-bus:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 07913287 frs102-bus:Director1 2016-04-01 2017-03-31 07913287 frs102-bus:CompanySecretary1 2016-04-01 2017-03-31 07913287 frs102-bus:LeadAgentIfApplicable 2016-04-01 2017-03-31 07913287 frs102-bus:RegisteredOffice 2016-04-01 2017-03-31 07913287 frs102-core:CurrentFinancialInstruments 2017-03-31 07913287 frs102-core:CurrentFinancialInstruments 2016-03-31 07913287 frs102-core:ShareCapital 2017-03-31 07913287 frs102-core:ShareCapital 2016-03-31 07913287 frs102-core:RetainedEarningsAccumulatedLosses 2017-03-31 07913287 frs102-core:RetainedEarningsAccumulatedLosses 2016-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07913287
NR1 Tradings Ltd
Report and Unaudited Accounts
for the year ended
31 March 2017

NR1 Tradings Ltd
Company Information



Directors
Mr R Bellis




Secretary
D Raven




Accountants
Comprotec UK Ltd
High Mill
Bolam Lane
Buckton
YO16 6XQ





Registered Office
70f Swan Yard
Kings Street
Norwich
Norfolk
NR1 1PG




Registered Number
07913287



NR1 Tradings Ltd
Director's Report

The director submits the report and financial statements for the year ended 31 March 2017.

Directors
The directors shown below have held office during the whole of the accounting period:

Mr R Bellis

The report of the director has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

This report was approved by the board on 10 November 2017.

..........................

Mr R Bellis

Director


NR1 Tradings Ltd
Profit and Loss Account
for the year ended 31 March 2017

Notes 2017
£		 2016
£
Turnover 555,819 487,003
Cost of sales (16,685) (366,284)
Gross profit 539,134 120,719
Distribution costs (22,445) (1,057)
Administrative expenses (39,408) (23,394)
Operating profit/(loss) 477,281 96,268
Profit/(loss) on ordinary activities before taxation 477,281 96,268
Tax on ordinary activities (95,590) (19,360)
Profit/(loss) on ordinary activities after taxation 381,691 76,908
Retained earnings brought forward 108,132 47,395
Dividends declared and payable for the period (22,551) (16,171)
Retained earnings carried forward 467,272 108,132

NR1 Tradings Ltd
Balance Sheet
as at 31 March 2017
Notes
 2017
£		 2016
£
Fixed assets
Tangible assets 3,793 3,013
3,793 3,013
Current assets
Cash at bank and in hand 189,589 132,609
189,589 132,609
Creditors: amounts falling due within one year 98,822 27,390
Net current assets / (liabilities) 90,767 105,219
Total assets less current liabilities 94,560 108,232
Total net assets (liabilities) 94,560 108,232
Capital and reserves
Called up share capital 100 100
Profit and loss account 467,272 108,132
Shareholders' funds 467,372 108,232

NR1 Tradings Ltd
Balance Sheet
as at 31 March 2017



These accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 31 March 2017 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.

Signed on behalf of the board of directors

...............................

Mr R Bellis

Director


Approved by the board on 10 November 2017

Company No: 07913287 (England and Wales)


NR1 Tradings Ltd
Notes to the Accounts
for the year ended 31 March 2017

NR1 Tradings Ltd
Trading and Profit & Loss Account
For the year ended 31 March 2017
for the information of the Directors only

. . 2017
£		 . 2016
£
Sales
Continuing Operations
Turnover 555,819 487,003
555,819 487,003
Cost of Sales
Opening finished goods and goods for resale - 339,788
Fees and commissions 12,961 20,806
Freight and carriage 3,724 5,690
16,685 366,284
Selling & Distribution Costs
Advertising and promotional costs 22,445 1,057
22,445 1,057
Administrative Expenses
Staff Costs
Directors' remuneration 23,096 10,140
23,096 10,140
Premise Costs
Rent of premises 5,058 2,697
5,058 2,697
General
Computer software, IT consumables 2,230 2,000
Data and telecommunications costs 3,592 1,500
Printing, postage and stationery 1,320 1,014
Depreciation of tangible fixed assets 670 532
7,812 5,046
Legal & Professional
Legal fees 950 1,531
Accountancy fees 2,400 1,820
3,350 3,351
Finance Charges
Bank charges 92 2,160
92 2,160
39,408 23,394
.
Operating Profit 477,281 96,268