Abbreviated Company Accounts - IFTIN EXPRESS LIMITED

Abbreviated Company Accounts - IFTIN EXPRESS LIMITED

IFTIN EXPRESS LIMITED - Company Information

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Registered Number 05860963

IFTIN EXPRESS LIMITED

Abbreviated Accounts

30 September 2015

IFTIN EXPRESS LIMITED Registered Number 05860963

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 4,722 2,258
4,722 2,258
Current assets
Debtors 246,672 162,375
Cash at bank and in hand 39,454 37,966
286,126 200,341
Creditors: amounts falling due within one year (240,526) (166,701)
Net current assets (liabilities) 45,600 33,640
Total assets less current liabilities 50,322 35,898
Total net assets (liabilities) 50,322 35,898
Capital and reserves
Called up share capital 100 100
Profit and loss account 50,222 35,798
Shareholders' funds 50,322 35,898
  • 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 June 2016

And signed on their behalf by:
H Hersi, Director

IFTIN EXPRESS LIMITED Registered Number 05860963

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.

Turnover policy
Turnover represents net invoiced sales of services. The company is not registered for value added tax.

2Tangible fixed assets
£
Cost
At 1 October 2014 24,300
Additions 5,855
Disposals -
Revaluations -
Transfers -
At 30 September 2015 30,155
Depreciation
At 1 October 2014 22,042
Charge for the year 3,391
On disposals -
At 30 September 2015 25,433
Net book values
At 30 September 2015 4,722
At 30 September 2014 2,258