Neil Alderson Ltd - Period Ending 2015-11-30

Registration number: 08760709

Neil Alderson Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015
 

Northern Accountants Ltd
Olympus House
2 Howley Park Business Village
Leeds
West Yorkshire
LS27 0BZ

Neil Alderson Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Neil Alderson Ltd
for the Year Ended 30 November 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Neil Alderson Ltd for the year ended 30 November 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Neil Alderson Ltd , as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Neil Alderson Ltd and state those matters that we have agreed to state to them.

It is your duty to ensure that Neil Alderson Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Neil Alderson Ltd. You consider that Neil Alderson Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Neil Alderson Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Northern Accountants Ltd
Olympus House
2 Howley Park Business Village
Leeds
West Yorkshire
LS27 0BZ

24 March 2016

Page 1

Neil Alderson Ltd
(Registration number: 08760709)
Abbreviated Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					3,477			1,859
Current assets
Debtors					36,819			38,159
Cash at bank and in hand					108,041			51,206
					144,860			89,365
Creditors: Amounts falling due within one year					(48,647)			(35,443)
Net current assets					96,213			53,922
Net assets					99,690			55,781
Capital and reserves
Called up share capital		3			20			10
Profit and loss account					99,670			55,771
Shareholders' funds					99,690			55,781

For the year ending 30 November 2015 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 director acknowledges his 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 director on 24 March 2016

.........................................
Mr Neil David Alderson
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Neil Alderson Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	Straight line 25%

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 3

Neil Alderson Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		2,479			2,479
Additions		2,983			2,983
At 30 November 2015		5,462			5,462
Depreciation
At 1 December 2014		620			620
Charge for the year		1,365			1,365
At 30 November 2015		1,985			1,985
Net book value
At 30 November 2015		3,477			3,477
At 30 November 2014		1,859			1,859

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Share Capital of £1 each		20			20			10			10

New shares allotted

During the year 10 Ordinary share capital having an aggregate nominal value of £10 were allotted for an aggregate consideration of £10.

Page 4