IPW Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05444874 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

IPW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G M Gariglio

D Rankin

SECRETARY:

R Modad

REGISTERED OFFICE:

Unit E Dunton Park

Kingsbury Road

Curdworth

Sutton Coldfield

West Midlands

B76 9EB

REGISTERED NUMBER:

05444874 (England and Wales)

ACCOUNTANTS:

J W Hinks LLP

Chartered Accountants

19 Highfield Road

Edgbaston

Birmingham

West Midlands

B15 3BH

FIXED ASSETS

Investments

2

175,875

175,875

CURRENT ASSETS

Cash in hand

2

2

CREDITORS

Amounts falling due within one year

113,375

82,125

NET CURRENT LIABILITIES

(113,373

)

(82,123

)

TOTAL ASSETS LESS CURRENT LIABILITIES

62,502

93,752

CREDITORS

Amounts falling due after more than one year

62,500

93,750

NET ASSETS

2

2

CAPITAL AND RESERVES

Called up share capital

3

2

2

SHAREHOLDERS' FUNDS

2

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 6 August 2014 and were signed on its behalf by:

D Rankin - 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).

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

175,875

NET BOOK VALUE

At 31 December 2013

175,875

At 31 December 2012

175,875

The company's investments at the balance sheet date in the share capital of companies include the following:

Melting Solutions (Midlands) Limited

Country of incorporation: England

Nature of business: Dormant Holding Company

%

Class of shares:

holding

Ordinary

100.00

2013

31.12.12

£

£

Aggregate capital and reserves

2,505

2,560

Loss for the year

(55

)

(30

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

£1

2

2

4.	ULTIMATE PARENT COMPANY

The ultimate parent company is Interpower Induction Process Equipment S-Corp which owns 100% of the

issued share capital.