Nexus (West London) Limited - Limited company - abbreviated - 11.6
Nexus (West London) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
NEXUS (WEST LONDON) LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30TH APRIL 2014 |
NEXUS (WEST LONDON) LIMITED (REGISTERED NUMBER: 05048597) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH APRIL 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Chartered Certified Accountants' Report | 6 |
NEXUS (WEST LONDON) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH APRIL 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants and |
Chartered Tax Advisers |
NEXUS (WEST LONDON) LIMITED (REGISTERED NUMBER: 05048597) |
ABBREVIATED BALANCE SHEET |
30TH APRIL 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
NEXUS (WEST LONDON) LIMITED (REGISTERED NUMBER: 05048597) |
ABBREVIATED BALANCE SHEET - continued |
30TH APRIL 2014 |
The financial statements were approved by the Board of Directors on by: |
NEXUS (WEST LONDON) LIMITED (REGISTERED NUMBER: 05048597) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH APRIL 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
Turnover consists of fees receivable for the management of let properties and rent receivable from the tenants of |
the Company's own properties. |
Tangible fixed assets |
Computer equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
market value is transferred to a revaluation reserve. |
In accordance with SSAP 19 no depreciation is provided in respect of the investment properties. This represents |
a departure from the Companies Act 2006 requirements to provide for the systematic annual depreciation of |
assets. However,these properties are held for investment rather than consumption, and the directors consider that |
the adoption of the above policy is necessary to give a true and fair view. |
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 |
At 1st May 2013 |
and 30th April 2014 |
DEPRECIATION |
At 1st May 2013 |
and 30th April 2014 |
NET BOOK VALUE |
At 30th April 2014 |
At 30th April 2013 |
NEXUS (WEST LONDON) LIMITED (REGISTERED NUMBER: 05048597) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30TH APRIL 2014 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1st May 2013 |
Additions |
Revaluations |
At 30th April 2014 |
NET BOOK VALUE |
At 30th April 2014 |
At 30th April 2013 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary 'A' shares of £1 each | £1 |
Ordinary 'B' shares of £1 each | £1 |
1,000 | 1,000 |
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
NEXUS (WEST LONDON) LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Nexus (West London) Limited for the year ended 30th April 2014 which comprise the Profit and |
Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and |
other professional requirements which are detailed at http://rulebook.accaglobal.com. |
This report is made solely to the Board of Directors of Nexus (West London) Limited, as a body, in accordance with our |
terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of |
Nexus (West London) Limited and state those matters that we have agreed to state to the Board of Directors of Nexus |
(West London) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered |
Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we |
do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our |
work or for this report. |
It is your duty to ensure that Nexus (West London) Limited has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nexus |
(West London) Limited. You consider that Nexus (West London) Limited is exempt from the statutory audit |
requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Nexus (West London) |
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Certified Accountants and |
Chartered Tax Advisers |
29th January 2015 |