IDIGITAL-ADORAVEL LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07367867 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

IDIGITAL-ADORAVEL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms C Oriaku

REGISTERED OFFICE:

121 Saltram Crescent

Maida Vale

London

W9 3JT

REGISTERED NUMBER:

07367867 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

Mae House

96 George Lane

South Woodford

London

E18 1AD

FIXED ASSETS

Tangible assets

2

350

467

CURRENT ASSETS

Cash at bank and in hand

53,774

15,327

CREDITORS

Amounts falling due within one year

35,538

5,890

NET CURRENT ASSETS

18,236

9,437

TOTAL ASSETS LESS CURRENT LIABILITIES

18,586

9,904

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

18,486

9,804

SHAREHOLDERS' FUNDS

18,586

9,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 September 2016 and were signed by:

Ms C Oriaku - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

1,233

DEPRECIATION

At 1 January 2015

766

Charge for year

117

At 31 December 2015

883

NET BOOK VALUE

At 31 December 2015

350

At 31 December 2014

467

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary Share

1

100

100