Abbreviated Company Accounts - NST PRODUCTS LTD

Abbreviated Company Accounts - NST PRODUCTS LTD


Registered Number 03492208

NST PRODUCTS LTD

Abbreviated Accounts

31 March 2014

NST PRODUCTS LTD Registered Number 03492208

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 4,854 8,991
Tangible assets 3 1,954 1,079
6,808 10,070
Current assets
Stocks 30,670 17,900
Debtors - 2,400
Cash at bank and in hand 1,678 2,224
32,348 22,524
Creditors: amounts falling due within one year (125,531) (83,364)
Net current assets (liabilities) (93,183) (60,840)
Total assets less current liabilities (86,375) (50,770)
Creditors: amounts falling due after more than one year (69,070) (93,070)
Total net assets (liabilities) (155,445) (143,840)
Capital and reserves
Called up share capital 4 100 100
Profit and loss account (155,545) (143,940)
Shareholders' funds (155,445) (143,840)
  • 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 26 December 2014

And signed on their behalf by:
GARY LIU, Director

NST PRODUCTS LTD Registered Number 03492208

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 represent the value,net of value added tax and discounts,of goods provided to customers and work carried in respect of services provided to customers.

2Intangible fixed assets
£
Cost
At 1 April 2013 43,165
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 43,165
Amortisation
At 1 April 2013 34,174
Charge for the year 4,137
On disposals -
At 31 March 2014 38,311
Net book values
At 31 March 2014 4,854
At 31 March 2013 8,991
3Tangible fixed assets
£
Cost
At 1 April 2013 1,262
Additions 1,113
Disposals -
Revaluations -
Transfers -
At 31 March 2014 2,375
Depreciation
At 1 April 2013 183
Charge for the year 238
On disposals -
At 31 March 2014 421
Net book values
At 31 March 2014 1,954
At 31 March 2013 1,079
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100

5Transactions with directors

Name of director receiving advance or credit: Gary Liu
Description of the transaction: Gary Liu
Balance at 1 April 2013: £ 93,070
Advances or credits made: -
Advances or credits repaid: £ 24,000
Balance at 31 March 2014: £ 69,070