Abbreviated Company Accounts - IMAGE OPTICS LIMITED

IMAGE OPTICS LIMITED - Company Information

Registered Number 02067886

IMAGE OPTICS LIMITED

Abbreviated Accounts

31 May 2014

IMAGE OPTICS LIMITED Registered Number 02067886

Abbreviated Balance Sheet as at 31 May 2014

	2014	2013
	£	£
Current assets
Debtors	30,927	26,340
Cash at bank and in hand	268,890	197,574
	299,817	223,914
Net current assets (liabilities)	299,817	223,914
Total assets less current liabilities	299,817	223,914
Creditors: amounts falling due after more than one year	(24,221)	(15,856)
Total net assets (liabilities)	275,596	208,058
Capital and reserves
Called up share capital	50	50
Profit and loss account	275,546	208,008
Shareholders' funds	275,596	208,058

For the year ending 31 May 2014 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 5 February 2015

And signed on their behalf by:
R D Wale, Director

IMAGE OPTICS LIMITED Registered Number 02067886

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives form the provision of goods falling within the company's ordinary activities.