Abbreviated Company Accounts - NEAL AND CO BUSINESS SERVICES LIMITED

NEAL AND CO BUSINESS SERVICES LIMITED - Company Information

05043459 NEAL AND CO BUSINESS SERVICES LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 05043459 2015-02-01 2016-01-31 05043459 2016-01-31 05043459 2015-01-31 05043459 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 05043459 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-31 iso4217:GBP shares

Registered Number 05043459

NEAL AND CO BUSINESS SERVICES LIMITED

Abbreviated Accounts

31 January 2016

NEAL AND CO BUSINESS SERVICES LIMITED Registered Number 05043459

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	384,000	392,000
Tangible assets	3	6,075	4,480
		390,075	396,480
Current assets
Stocks		50,150	53,978
Debtors		228,560	220,155
Cash at bank and in hand		9,837	3,075
		288,547	277,208
Creditors: amounts falling due within one year		(159,777)	(159,515)
Net current assets (liabilities)		128,770	117,693
Total assets less current liabilities		518,845	514,173
Creditors: amounts falling due after more than one year		(360,126)	(360,126)
Total net assets (liabilities)		158,719	154,047
Capital and reserves
Called up share capital	4	72,600	72,600
Profit and loss account		86,119	81,447
Shareholders' funds		158,719	154,047

For the year ending 31 January 2016 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 18 October 2016

And signed on their behalf by:
Ian Marsh, Director
John Sherwood, Director

NEAL AND CO BUSINESS SERVICES LIMITED Registered Number 05043459

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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
Turnover represents amounts receivable for goods and services net of VAT

Tangible assets depreciation policy
Computer Equipment 25% Straight Line
Fixtures, Fittings and Equipment 25% Straight Line

Intangible assets amortisation policy
Goodwill acquired from related parties is not written off as the Directors consider it inappropriate. Goodwill acquired from unrelated parties is written off over five years in equal instalments
Carrying value is reviewed each year in relation to gross recurring fees and market conditions

2Intangible fixed assets

	£
Cost
At 1 February 2015	450,000
Additions	5,134
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	455,134
Amortisation
At 1 February 2015	58,000
Charge for the year	13,134
On disposals	-
At 31 January 2016	71,134
Net book values
At 31 January 2016	384,000
At 31 January 2015	392,000

3Tangible fixed assets

	£
Cost
At 1 February 2015	20,139
Additions	5,750
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	25,889
Depreciation
At 1 February 2015	15,659
Charge for the year	4,155
On disposals	-
At 31 January 2016	19,814
Net book values
At 31 January 2016	6,075
At 31 January 2015	4,480

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
60,000 A Ordinary shares of £1 each	60,000	60,000
12,600 B Ordinary shares of £1 each	12,600	12,600