Inelxia Limited - Period Ending 2014-10-31

Registration number: 8720707

Inelxia Limited

Unaudited Abbreviated Accounts

for the Period from 7 October 2013 to 31 October 2014

 

Inelxia Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Inelxia Limited
(Registration number: 8720707)
Abbreviated Balance Sheet at 31 October 2014

		Note			31 October 2014 £
Fixed assets
Intangible fixed assets					29,392
Current assets
Cash at bank and in hand					414
Creditors: Amounts falling due within one year					(38,892)
Net current liabilities					(38,478)
Net liabilities					(9,086)
Capital and reserves
Called up share capital		3			100
Profit and loss account					(9,186)
Shareholders' deficit					(9,086)

For the year ending 31 October 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 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 7 July 2015

.........................................
Mr Patrick Andre Chaizy
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Inelxia Limited
Notes to the Abbreviated Accounts for the Period from 7 October 2013 to 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Patents	10 years straight line

Research and development

Research and development expenditure is written off as incurred.

2	Fixed assets

		Intangible assets £			Total £
Cost
Additions		32,658			32,658
At 31 October 2014		32,658			32,658
Depreciation
Charge for the period		3,266			3,266
At 31 October 2014		3,266			3,266
Net book value
At 31 October 2014		29,392			29,392

3	Share capital

Allotted, called up and fully paid shares

	31 October 2014
		No.			£
Ordinary of £1 each		100			100

Page 2

Inelxia Limited
Notes to the Abbreviated Accounts for the Period from 7 October 2013 to 31 October 2014
......... continued

New shares allotted

During the period 100 Ordinary having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100. These are subscriber shares issued on incorporation.

Page 3