Nutherm Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01927413 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

NUTHERM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms M D Henshaw

SECRETARY:

Ms M D Henshaw

REGISTERED OFFICE:

Thorpe House

93 Headlands

Kettering

Northamptonshire

NN15 6BL

REGISTERED NUMBER:

01927413 (England and Wales)

FIXED ASSETS

Tangible assets

2

24,396

24,590

CURRENT ASSETS

Stocks

-

880

Debtors

33,795

27,775

Cash at bank and in hand

194,731

211,403

228,526

240,058

CREDITORS

Amounts falling due within one year

3,835

8,371

NET CURRENT ASSETS

224,691

231,687

TOTAL ASSETS LESS CURRENT
LIABILITIES

249,087

256,277

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

249,085

256,275

SHAREHOLDERS' FUNDS

249,087

256,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 July 2016 and were signed by:

Ms M D Henshaw - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Plant and machinery

-

33% on cost and 20% on cost

Motor vehicles

-

15% on reducing balance

No depreciation is provided on freehold property because it is the company's practice to maintain the property in

a continual state of sound repair, with the result that its expected useful life is so long, and its residual value so

high, that its depreciation is insignificant.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

66,928

Disposals

(37,802

)

At 31 October 2015

29,126

DEPRECIATION

At 1 November 2014

42,338

Charge for year

194

Eliminated on disposal

(37,802

)

At 31 October 2015

4,730

NET BOOK VALUE

At 31 October 2015

24,396

At 31 October 2014

24,590

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary shares

£1

2