In2Mini Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08107309 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 July 2013 to 31 December 2014

for

In2Mini Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P A Drummond

N P Dudfield

SECRETARY:

P A Drummond

REGISTERED OFFICE:

Grafton Lodge Workshops

Binton

Stratford-upon-Avon

Warwickshire

CV37 9TX

REGISTERED NUMBER:

08107309 (England and Wales)

ACCOUNTANTS:

Amicus Accounting Limited

Innovation Centre

Warwick Technology Park

Warwick

Warwickshire

CV34 6UW

FIXED ASSETS

Tangible assets

2

3,144

5,104

CURRENT ASSETS

Stocks

549

-

Debtors

1,627

421

Cash at bank and in hand

-

1,083

2,176

1,504

CREDITORS

Amounts falling due within one year

12,585

10,546

NET CURRENT LIABILITIES

(10,409

)

(9,042

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,265

)

(3,938

)

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(7,275

)

(3,948

)

SHAREHOLDERS' FUNDS

(7,265

)

(3,938

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 August 2015 and were signed on its behalf by:

N P Dudfield - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

After the period end, the company ceased to trade. There are no adjustments required to the accounts as a result

of this and all values are the same as if the company was a going concern. The directors have agreed to continue

to support the company to ensure that it remains solvent and all liabilities are met as they fall due. The exception

to this is the directors themselves but they will not demand repayments of their loan account and therefore in the

directors opinion the company will remain solvent.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

7,040

Additions

1,419

At 31 December 2014

8,459

DEPRECIATION

At 1 July 2013

1,936

Charge for period

3,379

At 31 December 2014

5,315

NET BOOK VALUE

At 31 December 2014

3,144

At 30 June 2013

5,104

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

30.6.13

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following loans from the directors subsisted during the periods ended 31 December 2014 and 30 June 2013:

31.12.14

30.6.13

£

£

P A Drummond

Balance outstanding at start of period

3,725

-

Amounts advanced

12,912

3,728

Amounts repaid

(13,859

)

(3

)

Balance outstanding at end of period

2,778

3,725

N P Dudfield

Balance outstanding at start of period

3,833

-

Amounts advanced

650

3,840

Amounts repaid

-

(7

)

Balance outstanding at end of period

4,483

3,833