NOJA_PROPERTY_SERVICES_LT - Accounts

NOJA PROPERTY SERVICES LIMITED - Company Information

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Company Registration No. 08908142 (England and Wales)

NOJA PROPERTY SERVICES LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

NOJA PROPERTY SERVICES LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

NOJA PROPERTY SERVICES LTD

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

85,000

79,209

Current assets

Debtors

786

1,473

Cash at bank and in hand

5,522

1,426

6,308

2,899

Creditors: amounts falling due within one year

(1,535)

(942)

Net current assets

4,773

1,957

Total assets less current liabilities

89,773

81,166

Creditors: amounts falling due after more than one year

(81,842)

(80,996)

7,931

170

Capital and reserves

Called up share capital

Revaluation reserve

5,401

Profit and loss account

2,528

168

Shareholders' funds

7,931

170

For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 November 2016

J P Jarvis

Director

Company Registration No. 08908142

NOJA PROPERTY SERVICES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company is reliant on the continuing support of its long term creditors. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents rents receivable .rents receivable.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

In accordance with standard accounting practice, investment properties are shown at valuation, any surplus or deficit arising on movement in valuation being transferred to the revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties.

Fixed assets

Tangible assets

Cost or valuation

At 1 March 2015

79,209

Additions

390

Revaluation

5,401

At 28 February 2016

85,000

At 28 February 2015

79,209

Creditors: amounts falling due after more than one year

2016

2015

Analysis of loans repayable in more than five years

Total not repayable by instalments and due in more than five years

61,160

NOJA PROPERTY SERVICES LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary Shares of £1 each