Abbreviated Company Accounts - INCE/EUROPE

Abbreviated Company Accounts - INCE/EUROPE

INCE/EUROPE - Company Information

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Registered Number 03878571

INCE/EUROPE

Abbreviated Accounts

30 November 2015

INCE/EUROPE Registered Number 03878571

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 3 455 607
455 607
Current assets
Debtors 3,263 1,065
Cash at bank and in hand 36,548 13,682
39,811 14,747
Creditors: amounts falling due within one year (2,101) (400)
Net current assets (liabilities) 37,710 14,347
Total assets less current liabilities 38,165 14,954
Total net assets (liabilities) 38,165 14,954
Reserves
Income and expenditure account 38,165 14,954
Members' funds 38,165 14,954
  • For the year ending 30 November 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 30 August 2016

And signed on their behalf by:
R Lawrence, Director

INCE/EUROPE Registered Number 03878571

Notes to the Abbreviated Accounts for the period ended 30 November 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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Foreign currencies - Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 December 2014 6,270
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2015 6,270
Depreciation
At 1 December 2014 5,663
Charge for the year 152
On disposals -
At 30 November 2015 5,815
Net book values
At 30 November 2015 455
At 30 November 2014 607