Interactive Net Mapping Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05497078 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

FOR

INTERACTIVE NET MAPPING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D A Lloyd

REGISTERED OFFICE:

2 Barnfield Crescent

Exeter

Devon

EX1 1QT

REGISTERED NUMBER:

05497078 (England and Wales)

ACCOUNTANTS:

Bush & Co Limited

Chartered Accountants

2 Barnfield Crescent

Exeter

Devon

EX1 1QT

FIXED ASSETS

Intangible assets

2

72,500

Tangible assets

3

-

72,500

CURRENT ASSETS

Cash at bank

140

291

CREDITORS

Amounts falling due within one year

5,242

4,731

NET CURRENT LIABILITIES

(5,102

)

(4,440

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

67,398

68,060

CREDITORS

Amounts falling due after more than
one year

125,131

125,011

NET LIABILITIES

(57,733

)

(56,951

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(57,833

)

(57,051

)

SHAREHOLDERS' FUNDS

(57,733

)

(56,951

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 April 2016 and were signed by:

D A Lloyd - Director

1.	ACCOUNTING POLICIES

Going concern

This years loss together with losses brought forward are being supported by the director's

investment. This strategy has resulted in no cash flow problems and none are expected in the

next twelve months.

The director has agreed to commit further funds to support the Company until it creates an

income stream.

Based on these projections the director believes it is appropriate to report the company on a

going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Research and development

Expenditure on research and development is carried forward when its future recoverability can

reasonably be regarded as assured. Any expenditure carried forward is accounted for as cost

of sale when a sale when a sale occurs.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

72,500

NET BOOK VALUE

At 31 July 2015

72,500

At 31 July 2014

72,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

1,781

DEPRECIATION

At 1 August 2014

and 31 July 2015

1,781

NET BOOK VALUE

At 31 July 2015

-

At 31 July 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary shares

£1

100