Abbreviated Company Accounts - INSPIRED - IQ LTD.

INSPIRED - IQ LTD. - Company Information

06760874 INSPIRED - IQ LTD. 2013-12-31 false 2013-01-01 2013-12-31 true 06760874 2013-01-01 2013-12-31 06760874 2013-12-31 06760874 2012-12-31 06760874 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 06760874 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 06760874

INSPIRED - IQ LTD.

Abbreviated Accounts

31 December 2013

INSPIRED - IQ LTD. Registered Number 06760874

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	663	885
		663	885
Current assets
Debtors		1	4,440
Cash at bank and in hand		-	9,388
		1	13,828
Creditors: amounts falling due within one year		(1,174)	(17,515)
Net current assets (liabilities)		(1,173)	(3,687)
Total assets less current liabilities		(510)	(2,802)
Total net assets (liabilities)		(510)	(2,802)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(610)	(2,902)
Shareholders' funds		(510)	(2,802)

For the year ending 31 December 2013 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 September 2014

And signed on their behalf by:
Dr Z Douglas-Judson, Director

INSPIRED - IQ LTD. Registered Number 06760874

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery etc - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	1,884
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	1,884
Depreciation
At 1 January 2013	999
Charge for the year	222
On disposals	-
At 31 December 2013	1,221
Net book values
At 31 December 2013	663
At 31 December 2012	885

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100