Neale Willis Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06433666 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

NEALE WILLIS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N A Willis

SECRETARY:

A. Dormon

REGISTERED OFFICE:

6th Floor

Charles House

108-110 Finchley Road

London

NW3 5JJ

REGISTERED NUMBER:

06433666 (England and Wales)

ACCOUNTANTS:

Numera Partners LLP

6th Floor

Charles House

108-110 Finchley Road

London

NW3 5JJ

FIXED ASSETS

Tangible assets

2

3,656

5,002

CURRENT ASSETS

Cash at bank and in hand

875

2,531

CREDITORS

Amounts falling due within one year

5,588

4,746

NET CURRENT LIABILITIES

(4,713

)

(2,215

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,057

)

2,787

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(1,058

)

2,786

SHAREHOLDERS' FUNDS

(1,057

)

2,787

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 director acknowledges his 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 director on 11 January 2018 and were signed by:

N A Willis - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis, the applicability of which is dependent upon the

continued support of the company's creditors and financiers.

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 services, excluding value added tax.

Tangible fixed assets

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

Computer Equipment

- 33% Reducing balance

Plant & Machinery

- 25% Reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

20,593

DEPRECIATION

At 1 December 2015

15,591

Charge for year

1,346

At 30 November 2016

16,937

NET BOOK VALUE

At 30 November 2016

3,656

At 30 November 2015

5,002

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2016 and

30 November 2015:

30.11.16

30.11.15

£

N A Willis

Balance outstanding at start of year

(1,457

)

(15,457

)

Amounts advanced

300

26,000

Amounts repaid

(1,369

)

(12,000

)

Balance outstanding at end of year

(2,526

)

(1,457

)

5.	CONTROLLING PARTY

The company is under the control of its director, N. Willis.