Innov8 Consulting Limited - Limited company - abbreviated

REGISTERED NUMBER: 06525444 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Innov8 Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

H L Jones

SECRETARY:

Mrs T A Cannell

REGISTERED OFFICE:

8 Highcroft

Cherry Burton

Beverley

East Yorkshire

HU17 7SG

REGISTERED NUMBER:

06525444 (England and Wales)

ACCOUNTANTS:

Derede Associates Limited

14a Waterside Business Park

Livingstone Road

Hessle

East Yorkshire

HU13 0EG

BANKERS:

National Westminster Bank

60 Market Place

Beverley

East Yorkshire

HU17 8AA

FIXED ASSETS

Tangible assets

2

626

922

CURRENT ASSETS

Debtors

7,584

3,518

Cash at bank

22,599

26,645

30,183

30,163

CREDITORS

Amounts falling due within one year

25,246

24,312

NET CURRENT ASSETS

4,937

5,851

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,563

6,773

PROVISIONS FOR LIABILITIES

126

184

NET ASSETS

5,437

6,589

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

5,337

6,489

SHAREHOLDERS' FUNDS

5,437

6,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16 December 2015 and were signed by:

H L Jones - 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

Turnover represents net invoiced consultancy services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,213

DEPRECIATION

At 1 April 2014

1,291

Charge for year

296

At 31 March 2015

1,587

NET BOOK VALUE

At 31 March 2015

626

At 31 March 2014

922

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

100

Ordinary

£1.00

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

H L Jones

Balance outstanding at start of year

1,345

(1

)

Amounts advanced

1,480

2,615

Amounts repaid

(155

)

(1,269

)

Balance outstanding at end of year

2,670

1,345

This sum is interest free and repayable on demand.

Innov8 Consulting Limited - Limited company - abbreviated - 11.9

Innov8 Consulting Limited - Limited company - abbreviated - 11.9