Abbreviated Company Accounts - INTERCHANGE SOLUTIONS LIMITED

INTERCHANGE SOLUTIONS LIMITED - Company Information

05168986 INTERCHANGE SOLUTIONS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 05168986 2014-10-01 2015-09-30 05168986 2015-09-30 05168986 2014-09-30 05168986 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 05168986 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 05168986

INTERCHANGE SOLUTIONS LIMITED

Abbreviated Accounts

30 September 2015

INTERCHANGE SOLUTIONS LIMITED Registered Number 05168986

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	38,935	38,935
Tangible assets	3	2,686	3,357
		41,621	42,292
Current assets
Stocks		-	-
Debtors	4	1,950	4,468
Investments		-	-
Cash at bank and in hand		24,734	4,166
		26,684	8,634
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year	5	(3,963)	(1,212)
Net current assets (liabilities)		22,721	7,422
Total assets less current liabilities		64,342	49,714
Creditors: amounts falling due after more than one year	5	0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		64,342	49,714
Capital and reserves
Called up share capital	6	64,175	64,175
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		167	(14,461)
Shareholders' funds		64,342	49,714

For the year ending 30 September 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 28 April 2016

And signed on their behalf by:
John Burbidge-King, Director
Bryn Edwards, Director

INTERCHANGE SOLUTIONS LIMITED Registered Number 05168986

Notes to the Abbreviated Accounts for the period ended 30 September 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.

2Intangible fixed assets

	£
Cost
At 1 October 2014	38,935
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	38,935
Amortisation
At 1 October 2014	0
Charge for the year	-
On disposals	-
At 30 September 2015	0
Net book values
At 30 September 2015	38,935
At 30 September 2014	38,935

Intangible assets include an amount of £37500 representing the cost of developing products and services for future sales.An additional £1435 represents the goodwill obtained from the aquisition of trade marks and patents

3Tangible fixed assets

	£
Cost
At 1 October 2014	3,357
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	3,357
Depreciation
At 1 October 2014	0
Charge for the year	671
On disposals	-
At 30 September 2015	671
Net book values
At 30 September 2015	2,686
At 30 September 2014	3,357

Office equipment

4Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	0	0

Trade debtors only

5Creditors

	2015 £	2014 £
Secured Debts	3,963	1,212

6Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
64,175 Ordinary shares shares of £1 each	64,175	64,175