Abbreviated Company Accounts - IMAGE OPTICS LIMITED

Abbreviated Company Accounts - IMAGE OPTICS LIMITED


Registered Number 02067886

IMAGE OPTICS LIMITED

Abbreviated Accounts

31 May 2015

IMAGE OPTICS LIMITED Registered Number 02067886

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Current assets
Debtors 32,479 30,927
Cash at bank and in hand 325,298 268,890
357,777 299,817
Creditors: amounts falling due within one year (21,689) (24,221)
Net current assets (liabilities) 336,088 275,596
Total assets less current liabilities 336,088 275,596
Total net assets (liabilities) 336,088 275,596
Capital and reserves
Called up share capital 50 50
Profit and loss account 336,038 275,546
Shareholders' funds 336,088 275,596
  • For the year ending 31 May 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 20 November 2015

And signed on their behalf by:
R Wale, Director

IMAGE OPTICS LIMITED Registered Number 02067886

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.