Nalestar Limited - Limited company - abbreviated - 11.0.0
Nalestar Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 April 2014 |
| for |
| NALESTAR LIMITED |
| NALESTAR LIMITED (REGISTERED NUMBER: 01255101) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| NALESTAR LIMITED |
| Company Information |
| for the Year Ended 30 April 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| NALESTAR LIMITED (REGISTERED NUMBER: 01255101) |
| Abbreviated Balance Sheet |
| 30 April 2014 |
| 30.4.14 | 30.4.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Revaluation reserve |
| Profit and loss account |
| 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. |
| The financial statements were approved by the Board of Directors on |
| NALESTAR LIMITED (REGISTERED NUMBER: 01255101) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents the value of goods, excluding value added tax, provided to customers during the year. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| In accordance with the Financial Reporting Standard or Smaller Entities (effective April 2008) no depreciation |
| is provided in respect of freehold properties. This is a departure from the requirements of the Companies Act |
| 2006 which requires all properties to be depreciated. The directors consider that to depreciate them would not |
| give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of |
| properties and accordingly the amount of depreciation which might otherwise have been charged cannot be |
| separately identified or quantified. The directors consider that this policy results in the financial statements |
| giving a true and fair view. |
| Stocks |
| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company makes payments to the director's own private pension plans. Contributions to the director's |
| pension plans are charged to the profit and loss account in the period to which they relate. |
| NALESTAR LIMITED (REGISTERED NUMBER: 01255101) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST OR VALUATION |
| At 1 May 2013 |
| Additions |
| Disposals | ( |
) |
| At 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.14 | 30.4.13 |
| value: | £ | £ |
| Ordinary | £1 |