Fortress N.W Limited - Period Ending 2015-10-31

Registration number: 04511634

Fortress N.W Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2015
 

Nairne Son & Green Chartered Accountants
477 Chester Road
Manchester
M16 9HF

Fortress N.W Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

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 5) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Fortress N.W Limited
for the Year Ended 31 October 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fortress N.W Limited for the year ended 31 October 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Fortress N.W Limited , as a body, in accordance with the terms of our engagement letter dated 15 April 2011 . Our work has been undertaken solely to prepare for your approval the accounts of Fortress N.W Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fortress N.W Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Fortress N.W Limited 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 Fortress N.W Limited. You consider that Fortress N.W Limited 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 Fortress N.W Limited. 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.

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

Nairne Son & Green Chartered Accountants
477 Chester Road
Manchester
M16 9HF

27 July 2016

Page 1

Fortress N.W Limited
(Registration number: 04511634)
Abbreviated Balance Sheet at 31 October 2015

		Note			2015 £			2014 £
Current assets
Stocks					13,228			13,228
Debtors					1,601			7,311
Cash at bank and in hand					9,424			7,765
					24,253			28,304
Creditors: Amounts falling due within one year					(47,451)			(53,227)
Net liabilities					(23,198)			(24,923)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(23,298)			(25,023)
Shareholders' deficit					(23,198)			(24,923)

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Fortress N.W Limited
(Registration number: 04511634)
Abbreviated Balance Sheet at 31 October 2015
......... continued

For the year ending 31 October 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 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 27 July 2016 and signed on its behalf by:

.........................................
A Storey
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Fortress N.W Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 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
Vehicles, plant and machinery	25% straight line
Fixtures and fittings	25% straight line
Office equipment	25% straight line

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticiapted costs to completion and selling costs.

Page 4

Fortress N.W Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2014		33,461			33,461
At 31 October 2015		33,461			33,461
Depreciation
At 1 November 2014		33,461			33,461
At 31 October 2015		33,461			33,461
Net book value
At 31 October 2015		-			-
At 31 October 2014		-			-

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

Page 5

Fortress N.W Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2015
......... continued

Page 6