Nixon & Nixon (Plastics) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09927800 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 23 DECEMBER 2015 TO 31 MARCH 2017

FOR

NIXON & NIXON (PLASTICS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E C Nixon

Mrs B Nixon

REGISTERED OFFICE:

Unit 3, Shelley Farm

Shelley Lane

Ower

Romsey

Hampshire

SO51 6AS

REGISTERED NUMBER:

09927800 (England and Wales)

ACCOUNTANTS:

Buckleys

Chartered Accountants

Unit 3, Shelley Farm

Shelley Lane

Ower

Romsey

Hampshire

SO51 6AS

FIXED ASSETS

Tangible assets

2

105

CURRENT ASSETS

Debtors

95,138

Cash at bank

27,507

122,645

CREDITORS

Amounts falling due within one year

84,372

NET CURRENT ASSETS

38,273

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,378

CAPITAL AND RESERVES

Called up share capital

3

2,000

Profit and loss account

36,378

SHAREHOLDERS' FUNDS

38,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 September 2017 and were
signed on its behalf by:

E C Nixon - Director

Mrs B Nixon - 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 January

2015).

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.

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

123

At 31 March 2017

123

DEPRECIATION

Charge for period

18

At 31 March 2017

18

NET BOOK VALUE

At 31 March 2017

105

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary A

£1

1,000

500

Ordinary B

£1

500

Ordinary C

£1

500

2,000

The following shares were allotted and fully paid for cash at par during the period:

1,000 Ordinary A shares of £1 each

500 Ordinary B shares of £1 each

500 Ordinary C shares of £1 each

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended

31 March 2017:

£

E C Nixon and Mrs B Nixon

Balance outstanding at start of period

-

Amounts advanced

128,462

Amounts repaid

(130,846

)

Balance outstanding at end of period

(2,384

)