Nommea Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04689683 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Nommea Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M D Comfort

Mrs J L Comfort

REGISTERED OFFICE:

Linton Cottage

99 Naunton Lane

Cheltenham

Gloucestershire

GL53 7AT

REGISTERED NUMBER:

04689683 (England and Wales)

FIXED ASSETS

Investment property

4

725,000

498,856

CURRENT ASSETS

Debtors

5

-

1,832

Cash at bank

631

4,218

631

6,050

CREDITORS

Amounts falling due within one year

6

328,068

311,025

NET CURRENT LIABILITIES

(327,437

)

(304,975

)

TOTAL ASSETS LESS CURRENT LIABILITIES

397,563

193,881

CREDITORS

Amounts falling due after more than one year

7

127,135

145,386

NET ASSETS

270,428

48,495

CAPITAL AND RESERVES

Called up share capital

4

4

Fair value reserve

9

226,144

-

Retained earnings

44,280

48,491

SHAREHOLDERS' FUNDS

270,428

48,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 October 2017 and were signed on its behalf by:

Mr M D Comfort - Director

1.	STATUTORY INFORMATION

Nommea Limited is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added

Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the

year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going

services is recognised by reference to the stage of completion.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value

is recognised in profit or loss.

The company's property is held for long term investment and in accordance with statement of Standard Accounting Practice

19 is revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation is

provided on the property. The non-provision of depreciation is not in accordance with the requirements of the Companies

Act 1985, but is considered necessary in order that the financial statements present a true and fair view.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2016

498,856

Revaluations

226,144

At 30 April 2017

725,000

NET BOOK VALUE

At 30 April 2017

725,000

At 30 April 2016

498,856

Cost or valuation at 30 April 2017 is represented by:

£

Valuation in 2017

226,144

Cost

498,856

725,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

1,832

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

17,372

16,432

Corporation tax

917

383

Directors' current accounts

305,716

289,713

Accruals and deferred income

4,063

4,497

328,068

311,025

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

127,135

145,386

8.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank loans

144,507

161,818

The bank loan is secured by a charge over the property held by the company.

9.

RESERVES

Fair

value

reserve

£

Revaluation of investment

226,144

At 30 April 2017

226,144