Abbreviated Company Accounts - IRP (2010) LIMITED

Abbreviated Company Accounts - IRP (2010) LIMITED


Registered Number 07354424

IRP (2010) LIMITED

Abbreviated Accounts

31 August 2014

IRP (2010) LIMITED Registered Number 07354424

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,233 1,644
1,233 1,644
Current assets
Stocks 3,256 5,500
Debtors 5,879 7,177
Cash at bank and in hand 5,459 3,453
14,594 16,130
Creditors: amounts falling due within one year (13,600) (15,726)
Net current assets (liabilities) 994 404
Total assets less current liabilities 2,227 2,048
Total net assets (liabilities) 2,227 2,048
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 2,225 2,046
Shareholders' funds 2,227 2,048
  • For the year ending 31 August 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 13 May 2015

And signed on their behalf by:
R.Paddock, Director

IRP (2010) LIMITED Registered Number 07354424

Notes to the Abbreviated Accounts for the period ended 31 August 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

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2013 2,866
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 2,866
Depreciation
At 1 September 2013 1,222
Charge for the year 411
On disposals -
At 31 August 2014 1,633
Net book values
At 31 August 2014 1,233
At 31 August 2013 1,644
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100