Impact Renovations Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02664740

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Impact Renovations Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

H Dean

Mrs P M Dean

SECRETARY:

Mrs P M Dean

REGISTERED OFFICE:

5 Rances Lane

Wokingham

Berkshire

RG40 2LG

REGISTERED NUMBER:

02664740

ACCOUNTANTS:

P R Hibbins

16 Romsey Close

Langley

Slough

Berkshire

SL3 8PE

FIXED ASSETS

Tangible assets

2

3,315

4,109

CURRENT ASSETS

Stocks

15,000

25,000

Debtors

41,483

9,956

Cash at bank

21,518

7,681

78,001

42,637

CREDITORS

Amounts falling due within one year

77,434

40,514

NET CURRENT ASSETS

567

2,123

TOTAL ASSETS LESS CURRENT LIABILITIES

3,882

6,232

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

3,880

6,230

SHAREHOLDERS' FUNDS

3,882

6,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 April 2016 and were signed on its behalf by:

H Dean - Director

Mrs P M Dean - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

18,805

Additions

105

At 30 November 2015

18,910

DEPRECIATION

At 1 December 2014

14,696

Charge for year

899

At 30 November 2015

15,595

NET BOOK VALUE

At 30 November 2015

3,315

At 30 November 2014

4,109

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

£

2

Ordinary

£1

2

2