Abbreviated Company Accounts - NOHPONEX LIMITED

Registered Number 00380940

NOHPONEX LIMITED

Abbreviated Accounts

31 December 2013

NOHPONEX LIMITED Registered Number 00380940

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	579,194	590,548
		579,194	590,548
Current assets
Stocks		-	10,164
Debtors		-	14,641
Cash at bank and in hand		2,870	391
		2,870	25,196
Creditors: amounts falling due within one year		(973,407)	(979,089)
Net current assets (liabilities)		(970,537)	(953,893)
Total assets less current liabilities		(391,343)	(363,345)
Accruals and deferred income		(3,500)	(2,721)
Total net assets (liabilities)		(394,843)	(366,066)
Capital and reserves
Called up share capital		710,000	710,000
Profit and loss account		(1,104,843)	(1,076,066)
Shareholders' funds		(394,843)	(366,066)

For the year ending 31 December 2013 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 September 2014

And signed on their behalf by:
B Sacorafos, Director

NOHPONEX LIMITED Registered Number 00380940

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 5% on reducing balance
Fixtures and fittings - 10% on reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 January 2013	1,126,098
Additions	7,344
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	1,133,442
Depreciation
At 1 January 2013	535,550
Charge for the year	18,698
On disposals	-
At 31 December 2013	554,248
Net book values
At 31 December 2013	579,194
At 31 December 2012	590,548