Abbreviated Company Accounts - NATIONWIDE STORAGE LTD

NATIONWIDE STORAGE LTD - Company Information

05709312 NATIONWIDE STORAGE LTD 2014-03-31 false 2013-04-01 2014-03-31 true 05709312 2013-04-01 2014-03-31 05709312 2014-03-31 05709312 2013-03-31 05709312 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05709312 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05709312

NATIONWIDE STORAGE LTD

Abbreviated Accounts

31 March 2014

NATIONWIDE STORAGE LTD Registered Number 05709312

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	20,210	23,777
		20,210	23,777
Current assets
Stocks		1,681,678	-
Debtors		275,446	106,113
Cash at bank and in hand		23,948	939
		1,981,072	107,052
Creditors: amounts falling due within one year		(2,167,818)	(93,744)
Net current assets (liabilities)		(186,746)	13,308
Total assets less current liabilities		(166,536)	37,085
Total net assets (liabilities)		(166,536)	37,085
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(166,636)	36,985
Shareholders' funds		(166,536)	37,085

For the year ending 31 March 2014 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 31 December 2014

And signed on their behalf by:
A SHAREEF, Director

NATIONWIDE STORAGE LTD Registered Number 05709312

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 invoiced sales of goods and services, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at 15% reducing balance in order to write off each asset over its estimated useful life.

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items

2Tangible fixed assets

	£
Cost
At 1 April 2013	43,688
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	43,688
Depreciation
At 1 April 2013	19,911
Charge for the year	3,567
On disposals	-
At 31 March 2014	23,478
Net book values
At 31 March 2014	20,210
At 31 March 2013	23,777

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100