Abbreviated Company Accounts - A & H NICHOLSON LTD

NI057336 A & H NICHOLSON LTD 2015-12-31 false 2015-01-01 2015-12-31 true NI057336 2015-01-01 2015-12-31 NI057336 2015-12-31 NI057336 2014-12-31 NI057336 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 NI057336 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number NI057336

A & H NICHOLSON LTD

Abbreviated Accounts

31 December 2015

A & H NICHOLSON LTD Registered Number NI057336

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,070	29,426
		22,070	29,426
Current assets
Stocks		383,500	370,500
Debtors		383	22,957
Cash at bank and in hand		122,985	111,907
		506,868	505,364
Creditors: amounts falling due within one year		(311,365)	(329,699)
Net current assets (liabilities)		195,503	175,665
Total assets less current liabilities		217,573	205,091
Creditors: amounts falling due after more than one year		(113,670)	(100,000)
Provisions for liabilities		(4,414)	-
Total net assets (liabilities)		99,489	105,091
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		99,389	104,991
Shareholders' funds		99,489	105,091

For the year ending 31 December 2015 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 24 August 2016

And signed on their behalf by:
Andrew Nicholson, Director
Harold Nicholson, Director

A & H NICHOLSON LTD Registered Number NI057336

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services provided net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery - 25% Reducing Balance
Fixtures, fittings and equipment - 25% Reducing balance
Motor vehicles - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	43,350
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	43,350
Depreciation
At 1 January 2015	13,924
Charge for the year	7,356
On disposals	-
At 31 December 2015	21,280
Net book values
At 31 December 2015	22,070
At 31 December 2014	29,426

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100