Company Registration No. SC344206 (Scotland)
Interference Pattern Limited
Unaudited accounts
for the year ended 30 June 2018
Interference Pattern Limited
Unaudited accounts
Contents
Interference Pattern Limited
Company Information
for the year ended 30 June 2018
Company Number
SC344206 (Scotland)
Registered Office
4.4 Techcube Summerhall
1 Summerhall
Edinburgh
EH9 1PL
Interference Pattern Limited
Statement of financial position
as at 30 June 2018
Tangible assets
21,392
24,905
Cash at bank and in hand
9,018
31,022
Creditors: amounts falling due within one year
(42,303)
(50,741)
Net current liabilities
(3,826)
(5,542)
Total assets less current liabilities
17,566
19,363
Creditors: amounts falling due after more than one year
(5,305)
(9,290)
Called up share capital
100
100
Profit and loss account
12,161
9,973
Shareholders' funds
12,261
10,073
For the year ending 30 June 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 March 2019.
Tom Bryant
Director
Company Registration No. SC344206
Interference Pattern Limited
Notes to the Accounts
for the year ended 30 June 2018
Interference Pattern Limited is a private company, limited by shares, registered in Scotland, registration number SC344206. The registered office is 4.4 Techcube Summerhall, 1 Summerhall, Edinburgh, EH9 1PL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Trade debtors
28,826
13,544
Interference Pattern Limited
Notes to the Accounts
for the year ended 30 June 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
13,707
9,541
Trade creditors
17,413
17,840
Taxes and social security
10,393
21,524
Loans from directors
-
1,436
7
Creditors: amounts falling due after more than one year
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 5 (2017: 6).
