INTRADEPENDENCY_LIMITED - Accounts

INTRADEPENDENCY LIMITED - Company Information

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Company Registration No. 07324423 (England and Wales)

INTRADEPENDENCY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

INTRADEPENDENCY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

INTRADEPENDENCY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

76,561

Current assets

Debtors

283

Cash at bank and in hand

1,389

567

1,469

850

Creditors: amounts falling due within one year

(179,362)

(178,936)

Net current liabilities

(177,893)

(178,086)

Total assets less current liabilities

(101,332)

(101,525)

Capital and reserves

Called up share capital

Profit and loss account

(101,412)

(101,605)

Shareholders' funds

(101,332)

(101,525)

For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 April 2015

P.J Comer

Director

Company Registration No. 07324423

INTRADEPENDENCY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company is only able to meet its day to day working capital requirements with the benefit of substantial loans from its directors and shareholders which are repayable on demand, although the shareholders concerned are not pressing for early repayment.

On this basis, the directors consider that it remains appropriate to prepare the financial statements on the going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents development grants received during the period.

1.4

Software Development Costs

Such costs are capitalised until the product is capable of being marketed, and thereafter amortised over its anticipated useful life.

Fixed assets

Intangible assets

Cost

At 1 August 2013 & at 31 July 2014

76,561

At 31 July 2013

76,561

Share capital

2014

2013

Allotted, called up and fully paid

80 Ordinary of £1 each