Iffley Press Limited - Period Ending 2015-11-30

Registration number: 08303133

Iffley Press Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015
 

Iffley Press Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Iffley Press Limited
(Registration number: 08303133)
Abbreviated Balance Sheet at 30 November 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,198			1,597
Current assets
Cash at bank and in hand					12,734			4,889
Creditors: Amounts falling due within one year					(7,129)			(4,417)
Net current assets					5,605			472
Total assets less current liabilities					6,803			2,069
Creditors: Amounts falling due after more than one year					(3,624)			(2,124)
Net assets/(liabilities)					3,179			(55)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					3,178			(56)
Shareholders' funds/(deficit)					3,179			(55)

For the year ending 30 November 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 director acknowledges her 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 director on 5 January 2016

.........................................
Ms J Summers
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Iffley Press Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 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 in respect of royalties on book sales and the provision of lectures

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 December 2014		2,840			2,840
At 30 November 2015		2,840			2,840
Depreciation
At 1 December 2014		1,243			1,243
Charge for the year		399			399
At 30 November 2015		1,642			1,642
Net book value
At 30 November 2015		1,198			1,198
At 30 November 2014		1,597			1,597

3	Share capital

Allotted, called up and fully paid shares

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

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