Registered Number 06860782

ANEW DESIGN LTD

Abbreviated Accounts

31 March 2016

ANEW DESIGN LTD Registered Number 06860782

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 282 377
282 377
Current assets
Debtors 853 3,052
Cash at bank and in hand 2,255 19,622
3,108 22,674
Creditors: amounts falling due within one year (48,142) (53,588)
Net current assets (liabilities) (45,034) (30,914)
Total assets less current liabilities (44,752) (30,537)
Total net assets (liabilities) (44,752) (30,537)
Capital and reserves
Called up share capital 100 100
Profit and loss account (44,852) (30,637)
Shareholders' funds (44,752) (30,537)
  • For the year ending 31 March 2016 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 20 December 2016

And signed on their behalf by:
Mr J C Agnew, Director

ANEW DESIGN LTD Registered Number 06860782

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Equipment - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2015 1,860
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,860
Depreciation
At 1 April 2015 1,483
Charge for the year 95
On disposals -
At 31 March 2016 1,578
Net book values
At 31 March 2016 282
At 31 March 2015 377