Abbreviated Company Accounts - INGENIOUS ACCOUNTING LIMITED

INGENIOUS ACCOUNTING LIMITED - Company Information

08535571 INGENIOUS ACCOUNTING LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 08535571 2014-06-01 2015-05-31 08535571 2015-05-31 08535571 2014-05-31 08535571 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 08535571 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 08535571

INGENIOUS ACCOUNTING LIMITED

Abbreviated Accounts

31 May 2015

INGENIOUS ACCOUNTING LIMITED Registered Number 08535571

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	467	705
		467	705
Current assets
Debtors		19,610	14,640
Cash at bank and in hand		11,206	6,689
		30,816	21,329
Creditors: amounts falling due within one year		(31,168)	(21,194)
Net current assets (liabilities)		(352)	135
Total assets less current liabilities		115	840
Total net assets (liabilities)		115	840
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		114	839
Shareholders' funds		115	840

For the year ending 31 May 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 25 February 2016

And signed on their behalf by:
Mr S D Patel, Director

INGENIOUS ACCOUNTING LIMITED Registered Number 08535571

Notes to the Abbreviated Accounts for the period ended 31 May 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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Equipment - 25% Straight Line Basis

2Tangible fixed assets

	£
Cost
At 1 June 2014	950
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	950
Depreciation
At 1 June 2014	245
Charge for the year	238
On disposals	-
At 31 May 2015	483
Net book values
At 31 May 2015	467
At 31 May 2014	705

3Called Up Share Capital
Allotted, called up and fully paid:

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