Abbreviated Company Accounts - INNOVATION MARKETING LIMITED

INNOVATION MARKETING LIMITED - Company Information

07478076 INNOVATION MARKETING LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07478076 2014-06-01 2015-05-31 07478076 2015-05-31 07478076 2014-05-31 07478076 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07478076 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 07478076

INNOVATION MARKETING LIMITED

Abbreviated Accounts

31 May 2015

INNOVATION MARKETING LIMITED Registered Number 07478076

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	177	428
		177	428
Current assets
Debtors		-	351
Cash at bank and in hand		100	-
		100	351
Creditors: amounts falling due within one year		(1,504)	(1,505)
Net current assets (liabilities)		(1,404)	(1,154)
Total assets less current liabilities		(1,227)	(726)
Total net assets (liabilities)		(1,227)	(726)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(1,327)	(826)
Shareholders' funds		(1,227)	(726)

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 29 February 2016

And signed on their behalf by:
B J Hatton, Director

INNOVATION MARKETING LIMITED Registered Number 07478076

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.

The company was dormant throughout the current year and previous year.

Turnover policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on cost

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

2Tangible fixed assets

	£
Cost
At 1 June 2014	1,254
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	1,254
Depreciation
At 1 June 2014	826
Charge for the year	251
On disposals	-
At 31 May 2015	1,077
Net book values
At 31 May 2015	177
At 31 May 2014	428

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100