Abbreviated Company Accounts - INDUSTRIAL EYECARE LIMITED

INDUSTRIAL EYECARE LIMITED - Company Information

05972443 INDUSTRIAL EYECARE LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 05972443 2014-05-01 2015-04-30 05972443 2015-04-30 05972443 2014-04-30 05972443 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 05972443 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 05972443

INDUSTRIAL EYECARE LIMITED

Abbreviated Accounts

30 April 2015

INDUSTRIAL EYECARE LIMITED Registered Number 05972443

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	8,722	11,734
Tangible assets	3	431	26,451
		9,153	38,185
Current assets
Stocks		18,000	22,000
Debtors		22,333	14,711
Cash at bank and in hand		6	1,421
		40,339	38,132
Creditors: amounts falling due within one year		(46,692)	(92,195)
Net current assets (liabilities)		(6,353)	(54,063)
Total assets less current liabilities		2,800	(15,878)
Creditors: amounts falling due after more than one year		(6,834)	(8,834)
Total net assets (liabilities)		(4,034)	(24,712)
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		(5,034)	(25,712)
Shareholders' funds		(4,034)	(24,712)

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.

Approved by the Board on 15 January 2016

And signed on their behalf by:
R M Reid, Director

INDUSTRIAL EYECARE LIMITED Registered Number 05972443

Notes to the Abbreviated Accounts for the period ended 30 April 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 10% straight line
Computer equipment - 33% straight line
Fixtures, fittings & equipment - 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 May 2014	30,120
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	30,120
Amortisation
At 1 May 2014	18,386
Charge for the year	3,012
On disposals	-
At 30 April 2015	21,398
Net book values
At 30 April 2015	8,722
At 30 April 2014	11,734

3Tangible fixed assets

	£
Cost
At 1 May 2014	101,554
Additions	-
Disposals	(92,114)
Revaluations	-
Transfers	-
At 30 April 2015	9,440
Depreciation
At 1 May 2014	75,103
Charge for the year	144
On disposals	(66,238)
At 30 April 2015	9,009
Net book values
At 30 April 2015	431
At 30 April 2014	26,451

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000