Company Registration No. 9277213 (England and Wales)
NIGEL ALLAM CONSULTANCY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2016
NIGEL ALLAM CONSULTANCY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
NIGEL ALLAM CONSULTANCY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
31 October 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,501
2,125
Current assets
Debtors
26,893
14,292
Cash at bank and in hand
5,580
16,216
32,473
30,508
Creditors: amounts falling due within one year
(13,699)
(20,665)
Net current assets
18,774
9,843
Total assets less current liabilities
20,275
11,968
Provisions for liabilities
(550)
(425)
19,725
11,543
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
19,724
11,542
Shareholder's funds
19,725
11,543
For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 2 March 2017
Mr N Allam
Director
Company Registration No. 9277213
NIGEL ALLAM CONSULTANCY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% reducing balance
Computer equipment
33.3% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2015 & at 31 October 2016
3,020
Depreciation
At 1 November 2015
895
Charge for the year
624
At 31 October 2016
1,519
Net book value
At 31 October 2016
1,501
At 31 October 2015
2,125
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1