Abbreviated Company Accounts - INCHWELL LIMITED

Registered Number 03904862

INCHWELL LIMITED

Abbreviated Accounts

31 August 2015

INCHWELL LIMITED Registered Number 03904862

Abbreviated Balance Sheet as at 31 August 2015

	2015	2014
	$	$
Current assets
Debtors	5,483	5,359
Cash at bank and in hand	11,065	108
	16,548	5,467
Creditors: amounts falling due within one year	(13,683)	(4,073)
Net current assets (liabilities)	2,865	1,394
Total assets less current liabilities	2,865	1,394
Total net assets (liabilities)	2,865	1,394
Capital and reserves
Called up share capital	1,700,000	1,700,000
Profit and loss account	(1,697,135)	(1,698,606)
Shareholders' funds	2,865	1,394

For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.

Approved by the Board on 29 October 2015

And signed on their behalf by:
D P Vermeulen, Director

INCHWELL LIMITED Registered Number 03904862

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements have been prepared on a going concern basis as the investors have given an undertaking to continue supporting the company.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.