Imagine Draughting Services Limited,Ltd - Accounts

Imagine Draughting Services Limited,Ltd - Accounts

IMAGINE DRAUGHTING SERVICES LIMITED - Company Information

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2014-03-01 true false Private Limited Company 08912204 2015-02-28 08912204 2014-03-01 2015-02-28 08912204 uk-bus:Director1 2014-03-01 2015-02-28 08912204 uk-gaap:ComputerEquipment 2014-03-01 2015-02-28 08912204 uk-gaap:FixturesFittings 2014-03-01 2015-02-28 08912204 uk-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 iso4217:GBP
Imagine Draughting Services Limited
For the year ended 28 February 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08912204
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Contents Page
Imagine Draughting Services Limited
For the year ended 28 February 2015
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Imagine Draughting Services Limited
Accountants' Report
For the year ended 28 February 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 28 February 2015 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
S G Accountants Limited
150A Preston Old Road
Blackpool
Lancashire
FY3 9QP
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Abbreviated Balance Sheet
Imagine Draughting Services Limited
As at 28 February 2015
08912204
Registered Number :
£
2015
Notes
Fixed assets
Tangible assets
2
3,900
3,900
Creditors: amounts falling due within one year
(3,440)
(3,440)
Net current liabilities
Total assets less current liabilities
460
460
Net assets/liabilities
Capital and reserves
Called up share capital
10
3
Profit and loss account
450
460
Shareholders funds
For the year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 16 October 2015
Mr Ryan Long Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Imagine Draughting Services Limited
For the year ended 28 February 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
25% Reducing balance
Fixtures and Fittings
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
5,000
Additions
At 28 February 2015
5,000
Depreciation
1,100
Charge for year
1,100
At 28 February 2015
Net book values
At 28 February 2015
3,900
3 Share capital
Authorised
1,000 Class A shares of £1.00 each
Allotted called up and fully paid
2015
£
100 Class A shares of £1.00 each
100
100
100 Class A £1.00 shares have been issued during the year at par for a cash consideration of £100.
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