Abbreviated Company Accounts - AGILE INNOVATION LIMITED

Abbreviated Company Accounts - AGILE INNOVATION LIMITED


Registered Number SC422215

AGILE INNOVATION LIMITED

Abbreviated Accounts

31 March 2015

AGILE INNOVATION LIMITED Registered Number SC422215

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Called up share capital not paid - 4
Fixed assets
Tangible assets 2 1,091 -
1,091 -
Current assets
Debtors 4,459 -
Cash at bank and in hand 12,618 -
17,077 -
Creditors: amounts falling due within one year (12,909) 0
Net current assets (liabilities) 4,168 0
Total assets less current liabilities 5,259 4
Total net assets (liabilities) 5,259 4
Capital and reserves
Called up share capital 3 4 4
Profit and loss account 5,255 0
Shareholders' funds 5,259 4
  • For the year ending 31 March 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 December 2015

And signed on their behalf by:
Alastair Easton, Director

AGILE INNOVATION LIMITED Registered Number SC422215

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Computer equipment - 33.3% straight line

2Tangible fixed assets
£
Cost
At 1 April 2014 -
Additions 1,227
Disposals -
Revaluations -
Transfers -
At 31 March 2015 1,227
Depreciation
At 1 April 2014 -
Charge for the year 136
On disposals -
At 31 March 2015 136
Net book values
At 31 March 2015 1,091
At 31 March 2014 -
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
4 Ordinary shares of £1 each 4 4