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N CANNING LTD - Company Information

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N Canning Ltd

Registered Number:08536363

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2017

N Canning Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2017

N Canning Ltd

Statement of Financial Position

Registered Number :

08536363

2016

2017

Notes

Fixed assets

Property, plant and equipment

1,775

2,145

1,775

2,145

Current assets

Trade and other receivables

2,400

1,200

16,171

Cash and cash equivalents

14,367

15,567

18,571

Trade and other payables: amounts falling due

within one year

(20,207)

(13,290)

(1,636)

2,277

Net current assets

Total assets less current liabilities

4,052

509

4,052

Net assets

509

Capital and reserves

Called up share capital

Retained earnings

4,051

508

4,052

509

Shareholders' funds

For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

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

ed.

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.

Mr Nick Canning Director

These financial statements were approved and authorised for issue by the Board on 10 May 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2017

N Canning Ltd

Notes to the Financial Statements

Statutory Information

N Canning Ltd is a private limited company, limited by shares, domiciled in England and Wales,

registration number 08536363.

Registered address:

2 Georgian View

Bath

Somerset

BA2 2LZ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. 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:

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the year ended 31 March 2017

N Canning Ltd

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Motor

vehicles

Plant and

machinery

Cost or

valuation

At 01 April 2016

3,726

2,500

1,226

At 31 March 2017

1,226

2,500

3,726

Provision for depreciation and impairmen

At 01 April 2016

1,581

1,047

534

Charge for year

370

240

130

At 31 March 2017

1,951

1,287

664

At 31 March 2017

Net book value

562

1,213

1,775

At 31 March 2016

692

1,453

2,145

3. Trade and other receivables

2016

2017

Trade debtors

1,200

2,400

4. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

630

355

Taxation and social security

4,863

4,929

Other creditors

7,797

14,923

13,290

20,207

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