Abbreviated Company Accounts - INSPIRED BUSINESS VISION LIMITED

Abbreviated Company Accounts - INSPIRED BUSINESS VISION LIMITED


Registered Number 07731924

INSPIRED BUSINESS VISION LIMITED

Abbreviated Accounts

31 December 2014

INSPIRED BUSINESS VISION LIMITED Registered Number 07731924

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 - 714
- 714
Current assets
Debtors 7,549 8,556
Cash at bank and in hand 39,930 26,924
47,479 35,480
Creditors: amounts falling due within one year (19,601) (28,925)
Net current assets (liabilities) 27,878 6,555
Total assets less current liabilities 27,878 7,269
Total net assets (liabilities) 27,878 7,269
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 27,778 7,169
Shareholders' funds 27,878 7,269
  • For the year ending 31 December 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 24 July 2015

And signed on their behalf by:
John Cutler, Director
Martin Watson, Director

INSPIRED BUSINESS VISION LIMITED Registered Number 07731924

Notes to the Abbreviated Accounts for the period ended 31 December 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 turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset.

2Tangible fixed assets
£
Cost
At 1 January 2014 4,342
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 4,342
Depreciation
At 1 January 2014 3,628
Charge for the year 714
On disposals -
At 31 December 2014 4,342
Net book values
At 31 December 2014 0
At 31 December 2013 714
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100