Abbreviated Company Accounts - INNOVATION INSTALLATIONS LIMITED

INNOVATION INSTALLATIONS LIMITED - Company Information

Registered Number 07876068

INNOVATION INSTALLATIONS LIMITED

Abbreviated Accounts

31 December 2015

INNOVATION INSTALLATIONS LIMITED Registered Number 07876068

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	282	830
		282	830
Current assets
Debtors		753	1,304
Cash at bank and in hand		-	93
		753	1,397
Creditors: amounts falling due within one year		(500)	(1,665)
Net current assets (liabilities)		253	(268)
Total assets less current liabilities		535	562
Total net assets (liabilities)		535	562
Capital and reserves
Called up share capital		1	1
Profit and loss account		534	561
Shareholders' funds		535	562

For the year ending 31 December 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 September 2016

And signed on their behalf by:
Lee Hyde, Director

INNOVATION INSTALLATIONS LIMITED Registered Number 07876068

Notes to the Abbreviated Accounts for the period ended 31 December 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 value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line
Motor vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	2,192
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	2,192
Depreciation
At 1 January 2015	1,362
Charge for the year	548
On disposals	-
At 31 December 2015	1,910
Net book values
At 31 December 2015	282
At 31 December 2014	830