Insideout Technology Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06611436 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 April 2014 to 31 December 2014

for

Insideout Technology Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr J J D Wilkin

Mr A Hazell

REGISTERED OFFICE:

7 Ullenwood Court

Ullenwood

Cheltenham

Gloucestershire

GL53 9QS

REGISTERED NUMBER:

06611436 (England and Wales)

CURRENT ASSETS

Debtors

12,358

100

Cash at bank

12,819

-

25,177

100

CREDITORS

Amounts falling due within one year

25,043

-

NET CURRENT ASSETS

134

100

TOTAL ASSETS LESS CURRENT LIABILITIES

134

100

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

34

-

SHAREHOLDERS' FUNDS

134

100

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 29 September 2015 and were signed on its behalf by:

Mr J J D Wilkin - Director

Mr A Hazell - 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts

for on-going services is recognised by reference to the stage of completion.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2014

value:

£

£

100

Ordinary

£1

100

100