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REGISTERED NUMBER: 08886771 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

North West Asset Finance Ltd

North West Asset Finance Ltd (Registered number: 08886771)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

North West Asset Finance Ltd

Company Information
for the Year Ended 31 March 2016







DIRECTOR: R A Hall





REGISTERED OFFICE: Deanroyd Works
Deanroyd Road
Todmorden
Lancashire
OL14 6TX





REGISTERED NUMBER: 08886771 (England and Wales)





ACCOUNTANTS: Haworths Limited
Chartered Accountants
The Old Tannery
Eastgate
Accrington
Lancashire
BB5 6PW

North West Asset Finance Ltd (Registered number: 08886771)

Abbreviated Balance Sheet
31 March 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors 1,177,102 1,077,458
Cash at bank 3,957 6
1,181,059 1,077,464
CREDITORS
Amounts falling due within one year 717,582 944,019
NET CURRENT ASSETS 463,477 133,445
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,477

133,445

CAPITAL AND RESERVES
Called up share capital 2 100 100
Profit and loss account 463,377 133,345
SHAREHOLDERS' FUNDS 463,477 133,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 3 August 2016 and were signed by:





R A Hall - Director


North West Asset Finance Ltd (Registered number: 08886771)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents contractual interest and fees earned in line with the term and size of loan. Interest income
consists of interest calculated on a daily basis. Other fee income is recognised at the point when these fees
become applicable to a specific loan agreement, for example on arrangement or at the point of default.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100