Neilson Project Services Limited - Accounts to registrar (filleted) - small 17.3
Neilson Project Services Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| NEILSON PROJECT SERVICES LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2017 |
| NEILSON PROJECT SERVICES LIMITED (REGISTERED NUMBER: 02449327) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 March 2017 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| Report of the accountants | 6 |
| NEILSON PROJECT SERVICES LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 March 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Lygon House |
| 50 London Road |
| Bromley |
| Kent |
| BR1 3RA |
| NEILSON PROJECT SERVICES LIMITED (REGISTERED NUMBER: 02449327) |
| BALANCE SHEET |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| NEILSON PROJECT SERVICES LIMITED (REGISTERED NUMBER: 02449327) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Neilson Project Services Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| The preparation of the financial statements requires management to make judgements, estimates and |
| assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the |
| amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual |
| outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a |
| material adjustment to the carrying amounts of assets and liabilities within the next financial period. |
| Going concern |
| It is the directors' opinion that the company is a going concern for the foreseeable future. Although the balance sheet shows |
| negative assets, the company will continue to be supported by the directors for a period exceeding 12 months from the date |
| of approval of these financial statements. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
| tax and other sales taxes. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Office equipment | 20% on reducing balance |
| 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. |
| 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 profit or loss in the period to which they relate. |
| NEILSON PROJECT SERVICES LIMITED (REGISTERED NUMBER: 02449327) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 March 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| Debtors |
| Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured |
| initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the |
| effective interest method, less any impairment. |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are |
| shown within borrowings in current liabilities. |
| Creditors |
| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are |
| measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective |
| interest method. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Office | Computer |
| equipment | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2016 |
| Additions |
| At 31 March 2017 |
| DEPRECIATION |
| At 1 April 2016 |
| Charge for year |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 31 March 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| NEILSON PROJECT SERVICES LIMITED (REGISTERED NUMBER: 02449327) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 March 2017 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| 8. | FIRST YEAR ADOPTION |
| The company has adopted FRS 102 for the year ended 31 March 2017. Whilst the transition to FRS 102 from old UK |
| GAAP has had no effect on the Company's reported financial position or financial performance as at 1 April 2015 or 31 |
| March 2016, there have been several presentational differences which are reflected in these financial statements. No |
| transitional provisions on conversion to FRS 102 have been applied. |
| NEILSON PROJECT SERVICES LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| NEILSON PROJECT SERVICES LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. |
| Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are |
| not required to be filed with the Registrar of Companies. |
| As described on the Balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages three to eight and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| Lygon House |
| 50 London Road |
| Bromley |
| Kent |
| BR1 3RA |