Abbreviated Company Accounts - NSO MANAGEMENT LIMITED

NSO MANAGEMENT LIMITED - Company Information

04607296 NSO MANAGEMENT LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04607296 2013-04-01 2014-03-31 04607296 2014-03-31 04607296 2013-03-31 04607296 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04607296 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04607296

NSO MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2014

NSO MANAGEMENT LIMITED Registered Number 04607296

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,117	13,384
Investments	3	-	6,000
		1,117	19,384
Current assets
Debtors		27,568	3,638
Cash at bank and in hand		18,148	41,434
		45,716	45,072
Creditors: amounts falling due within one year		(46,954)	(61,834)
Net current assets (liabilities)		(1,238)	(16,762)
Total assets less current liabilities		(121)	2,622
Total net assets (liabilities)		(121)	2,622
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(221)	2,522
Shareholders' funds		(121)	2,622

For the year ending 31 March 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2014

And signed on their behalf by:
Ms S N Page, Director

NSO MANAGEMENT LIMITED Registered Number 04607296

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. The office improvements were carried at the lower of cost and net realisable value, the remainder are depreciated as follows:

Plant and machinery - Straight line basis over 3 years
Computer equipment - Straight line basis over 3 years
Fixtures, fittings and equipment - Straight line basis over 3 years with the exception of office improvements amounting to £12,041. These were stated and held at cost.

Intangible assets amortisation policy
Fixed asset investments were stated at cost less provision for diminution in value.

2Tangible fixed assets

	£
Cost
At 1 April 2013	20,244
Additions	324
Disposals	(12,041)
Revaluations	-
Transfers	-
At 31 March 2014	8,527
Depreciation
At 1 April 2013	6,860
Charge for the year	550
On disposals	-
At 31 March 2014	7,410
Net book values
At 31 March 2014	1,117
At 31 March 2013	13,384

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100