Abbreviated Company Accounts - NORTHERN CAPITAL LTD

NORTHERN CAPITAL LTD - Company Information

08048132 NORTHERN CAPITAL LTD 2016-08-31 false 2015-09-01 2016-08-31 true 08048132 2015-09-01 2016-08-31 08048132 2016-08-31 08048132 2015-08-31 08048132 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08048132 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 08048132

NORTHERN CAPITAL LTD

Abbreviated Accounts

31 August 2016

NORTHERN CAPITAL LTD Registered Number 08048132

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	4,534	6,044
		4,534	6,044
Current assets
Debtors		3,495	-
Cash at bank and in hand		5	3,678
		3,500	3,678
Creditors: amounts falling due within one year		(113,367)	(44,762)
Net current assets (liabilities)		(109,867)	(41,084)
Total assets less current liabilities		(105,333)	(35,040)
Total net assets (liabilities)		(105,333)	(35,040)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(105,433)	(35,140)
Shareholders' funds		(105,333)	(35,040)

For the year ending 31 August 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 13 January 2017

And signed on their behalf by:
N CLIFF, Director

NORTHERN CAPITAL LTD Registered Number 08048132

Notes to the Abbreviated Accounts for the period ended 31 August 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 net amounts invoiced to customers excluding value added tax

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets less their estimated residual value, over their expected useful lives on the following basis:-

Plant and machinery 25% reducing balance method

2Intangible fixed assets

	£
Cost
At 1 September 2015	8,059
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	8,059
Amortisation
At 1 September 2015	2,015
Charge for the year	1,510
On disposals	-
At 31 August 2016	3,525
Net book values
At 31 August 2016	4,534
At 31 August 2015	6,044

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100