Nigel R. Hale and Associates Limited,Ltd - AccountsLtd - Accounts
Nigel R. Hale and Associates Limited,Ltd - AccountsLtd - Accounts
Registered Number:03613563 |
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2017
Nigel R. Hale and Associates Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at |
Nigel R. Hale and Associates Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2016
2017
Notes |
Fixed assets |
Property, plant and equipment |
2
Current assets |
Trade and other receivables |
3
Trade and other payables: amounts falling due within one |
year |
(49,965 )
(31,234 )
4
324,177
Net current assets
Total assets less current liabilities |
(7,800 )
(8,300 )
Provisions for liabilities |
Net assets
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds
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 Section 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. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 August 2017
Nigel R. Hale and Associates Limited
Notes to the Financial Statements
Statutory Information
Nigel R. Hale and Associates Limited is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 03613563. |
Registered address: |
Omega Court
368 Cemetery Road
Sheffield
S11 8FT
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
Fixtures and fittings
Deferred tax
Pension costs and other post-retirement benefits
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5
For the year ended 31 August 2017
Nigel R. Hale and Associates Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Fixtures and |
fittings |
£ |
Cost or |
valuation |
At 01 September 2016 |
Additions |
At 31 August 2017 |
Provision for depreciation and impairment |
At 01 September 2016 |
Charge for year
At 31 August 2017 |
At 31 August 2017 |
Net book value |
At 31 August 2016 |
3. Trade and other receivables |
2016
2017
£ |
£ |
Trade debtors |
Other debtors |
4. Trade and other payables: amounts falling due within one year |
2016
2017
£ |
£ |
Bank loans and overdraft |
Trade creditors |
Taxation and social security |
Other creditors |
5. Related party transactions |
The director, Mr N.R. Hale, is also a shareholder of the company. Dividends paid to Mr N.R. Hale, as director |
and shareholder of the company, during the year (with the previous year shown in brackets), were £3,450 |
(£Nil). |
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6
For the year ended 31 August 2017
Nigel R. Hale and Associates Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees |
During the year, the Director's Current Account of N.R. Hale became overdrawn. The Director's Current |
Account first became overdrawn in September 2016 by virtue of a loan provided by the company, which was |
later followed by further loans. The maximum loan balance outstanding in the year was £363,528. The loan |
balance outstanding at the year end was £363,528. Interest has been charged by the company on these loans. |
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