Accounts filed on 31-08-2015


IPL CONSTRUCTION LTD

Company Registration Number:
06682063 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 September 2014

End date: 31 August 2015

IPL CONSTRUCTION LTD

Abbreviated Balance sheet

As at 31 August 2015


Notes

2015
£

2014
£
Fixed assets
Tangible assets: 2 205,178 608
Total fixed assets: 205,178 608
Current assets
Debtors: 3 64,124 106,626
Cash at bank and in hand: 428,120 512,751
Total current assets: 492,244 619,377
Creditors: amounts falling due within one year: 4 ( 176,090 ) ( 234,281 )
Net current assets (liabilities): 316,154 385,096
Total assets less current liabilities: 521,332 385,704
Creditors: amounts falling due after more than one year: ( 3,150 ) ( 3,150 )
Total net assets (liabilities): 518,182 382,554

The notes form part of these financial statements

IPL CONSTRUCTION LTD

Balance sheet continued

As at 31 August 2015


Notes

2015
£

2014
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: 518,082 382,454
Shareholders funds: 518,182 382,554

For the year ending 31 August 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.

The financial statements were approved by the Board of Directors on 15 March 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Peter Mark Smith
Status: Director

The notes form part of these financial statements

IPL CONSTRUCTION LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 1. Accounting policies

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their useful economic lives:
    Motor vehicles: 25%
    Office equipment: 10%

IPL CONSTRUCTION LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 2. Tangible assets

    Total
    Cost £
    01 September 2014: 1,762
    Additions: 205,946
    Disposals: ( 1,000 )
    Revaluations: 0
    Transfers: 0
    31 August 2015: 206,708
    Depreciation
    01 September 2014: 1,154
    Charge for year: 1,242
    On disposals: ( 866 )
    Other adjustments: 0
    31 August 2015: 1,530
    Net book value
    31 August 2015: 205,178
    31 August 2014: 608

IPL CONSTRUCTION LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 3. Debtors


    2015
    £

    2014
    £
    Trade debtors: 18,449 53,024
    Other debtors: 45,675 53,602
    Total: 64,124 106,626

IPL CONSTRUCTION LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 4. Creditors: amounts falling due within one year


    2015
    £

    2014
    £
    Trade creditors: 19,097 75,728
    Accruals and deferred income: 118,395 132,260
    Other creditors: 38,598 26,293
    Total: 176,090 234,281

IPL CONSTRUCTION LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 August 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100