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NORTH AND LOWE LIMITED




Company Registration Number:
04716802 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

NORTH AND LOWE LIMITED

Company Information
for the Period Ended
31st March 2010




Director: Craig E North
David J Lowe
Company secretary: Craig E North
Registered office: Windrush
Pingewood Road South
Reading
Berkshire
RG30 3UL
Company Registration Number: 04716802 (England and Wales)

NORTH AND LOWE LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 3 6,516 7,421
Total fixed assets: 6,516 7,421
Current assets
Stocks: 4,166 -
Debtors: 4 11,373 30,376
Total current assets: 15,539 30,376
Creditors
Creditors: amounts falling due within one year 17,401 21,833
Net current assets (liabilities): ( 1,862 ) 8,543
Total assets less current liabilities: 4,654 15,964
Provision for liabilities: 5 5,664 7906.
Total net assets (liabilities): ( 1,010 ) 8,058

The notes form part of these financial statements

NORTH AND LOWE LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 6 100 100
Profit and Loss account: ( 1,110 ) 7,958
Total shareholders funds: ( 1,010 ) 8,058

For the year ending 31 March 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 18 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Craig E North
Status: Director

The notes form part of these financial statements

NORTH AND LOWE LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention (and on a going concern basis)

    Turnover policy

    Turnover is the total amount receivable by the company in the ordinary course of business with outside customers for goods supplied and services provided, excluding VAT, and was earned wholly within the United Kingdom.

    Tangible fixed assets depreciation policy

    Depreciation is calculated to write down the cost of all tangible fixed assets (other than freehold land) over their expected useful economic lives. The annual rates generally applicable are:- Reduced balance method Fixtures and Fittings 10% Plant and Machinery 20%

    Other accounting policies

    Deferred taxation is the taxation attributable to timing differences between profits and losses as computed for taxation purposes and results as stated in the accounts.

  • 3. Tangible assets

    Total
    Cost £
    At 01st April 2009: 15,051
    At 31st March 2010: 15,051
    Depreciation
    At 01st April 2009: 7,630
    Charge for year: 905
    At 31st March 2010: 8,535
    Net book value
    At 31st March 2010: 6,516
    At 31st March 2009: 7,421

  • 4. Debtors

    2010
    £
    2009
    £
    Trade debtors: 11,373 30,376
    Total: 11,373 30,376

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100