Incider Ltd - Period Ending 2015-04-30

Registration number: 06476842

Incider Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

CRW Accountants Ltd
The Mews
Queen Street
Colyton
Devon
EX24 6JU

Incider Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Incider Ltd
for the Year Ended 30 April 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Incider Ltd for the year ended 30 April 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of International Accountants, we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Incider Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Incider Ltd and state those matters that we have agreed to state to them, as a body in this report . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Incider Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Incider Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Incider Ltd. You consider that Incider Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Incider Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

CRW Accountants Ltd
The Mews
Queen Street
Colyton
Devon
EX24 6JU

Page 1

Incider Ltd
(Registration number: 06476842)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					404,440			404,612
Current assets
Debtors					7,012			7,012
Cash at bank and in hand					11,215			2,842
					18,227			9,854
Creditors: Amounts falling due within one year		3			(183,505)			(176,290)
Net current liabilities					(165,278)			(166,436)
Total assets less current liabilities					239,162			238,176
Creditors: Amounts falling due after more than one year		3			(227,539)			(237,696)
Net assets					11,623			480
Capital and reserves
Called up share capital		4			100			100
Profit and loss account					11,523			380
Shareholders' funds					11,623			480

For the year ending 30 April 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 25 January 2016

Mr Justin Werb
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Incider Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2014		404,612			404,612
Disposals		(172)			(172)
At 30 April 2015		404,440			404,440
Depreciation
At 30 April 2015		-			-
Net book value
At 30 April 2015		404,440			404,440
At 30 April 2014		404,612			404,612

3

Creditors

Included in the creditors are the following amounts due after more than five years:

		2015 £			2014 £
After more than five years by instalments		227,539			237,696
		227,539			237,696

Page 3

Incider Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

4	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 4