Abbreviated Company Accounts - I-TECH INNOVATIONS LTD

Abbreviated Company Accounts - I-TECH INNOVATIONS LTD


Registered Number 07191077

I-TECH INNOVATIONS LTD

Abbreviated Accounts

12 July 2014

I-TECH INNOVATIONS LTD Registered Number 07191077

Abbreviated Balance Sheet as at 12 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,748 3,436
2,748 3,436
Current assets
Debtors 34 -
Cash at bank and in hand 22 633
56 633
Creditors: amounts falling due within one year (768) (1,909)
Net current assets (liabilities) (712) (1,276)
Total assets less current liabilities 2,036 2,160
Total net assets (liabilities) 2,036 2,160
Capital and reserves
Called up share capital 3 1,000 1,000
Profit and loss account 1,036 1,160
Shareholders' funds 2,036 2,160
  • For the year ending 12 July 2014 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 6 October 2014

And signed on their behalf by:
Pawel Zolnierczyk, Director

I-TECH INNOVATIONS LTD Registered Number 07191077

Notes to the Abbreviated Accounts for the period ended 12 July 2014

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.

2Tangible fixed assets
£
Cost
At 13 July 2013 6,407
Additions -
Disposals -
Revaluations -
Transfers -
At 12 July 2014 6,407
Depreciation
At 13 July 2013 2,971
Charge for the year 688
On disposals -
At 12 July 2014 3,659
Net book values
At 12 July 2014 2,748
At 12 July 2013 3,436
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1,000 Ordinary shares of £1 each 1,000 1,000