Innovation Cars (Uk) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07474646 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2014

for

Innovation Cars (Uk) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S P Edmondson

REGISTERED OFFICE:

Ground Floor

73 Liverpool Road

Crosby

Merseyside

L23 5SE

REGISTERED NUMBER:

07474646 (England and Wales)

CURRENT ASSETS

Debtors

69,000

Cash at bank

28,510

97,510

CREDITORS

Amounts falling due within one year

96,378

NET CURRENT ASSETS

1,132

TOTAL ASSETS LESS CURRENT LIABILITIES

1,132

CAPITAL AND RESERVES

Called up share capital

2

2

Profit and loss account

1,130

SHAREHOLDERS' FUNDS

1,132

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

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

The director acknowledges his 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 director on 30 September 2015 and were signed by:

S P Edmondson - Director

1.	ACCOUNTING POLICIES

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.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2