Micro-entity Accounts - ISIGHT THERAPIES LIMITED

Micro-entity Accounts - ISIGHT THERAPIES LIMITED


Registered Number 06916642

ISIGHT THERAPIES LIMITED

Micro-entity Accounts

31 May 2014

ISIGHT THERAPIES LIMITED Registered Number 06916642

Micro-entity Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Stocks - -
Debtors - -
Investments - -
Cash at bank and in hand 715 633
715 633
Prepayments and accrued income - -
Creditors: amounts falling due within one year 0 0
Net current assets (liabilities) 715 633
Total assets less current liabilities 715 633
Creditors: amounts falling due after more than one year (39,153) (37,425)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (38,438) (36,792)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (39,438) (37,792)
Shareholders' funds (38,438) (36,792)
  • 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 February 2015

And signed on their behalf by:
Alison Holland Smith, Director

Footnotes:
  • Guarantees
    No guarantees have been made or offered.
  • Advances and credits
    The director takes no benefits from the company.

ISIGHT THERAPIES LIMITED Registered Number 06916642

Notes to the Micro-entity 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
The company is not registered for VAT. Turnover represents the invoiced gross value of goods and services.

Tangible assets depreciation policy
Depreciation is calculated using the following rates in order to write off the value of the assets over their estimated useful lives: General Equipment and IT Equipment 25% straight line. The value of all company fixed assets is now written off.

Intangible assets amortisation policy
The company has not owned any intangible fixed assets during this reporting period.

Valuation information and policy
Stock is valued at cost value or net realisable value, whichever is lower.