Abbreviated Company Accounts - INTERMEDIA TECHNOLOGY LIMITED

INTERMEDIA TECHNOLOGY LIMITED - Company Information

02871611 INTERMEDIA TECHNOLOGY LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02871611 2015-01-01 2015-12-31 02871611 2015-12-31 02871611 2014-12-31 02871611 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02871611 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-12-31 uk-gaap-cd-bus:Director3 2014-12-31 iso4217:GBP shares

Registered Number 02871611

INTERMEDIA TECHNOLOGY LIMITED

Abbreviated Accounts

31 December 2015

INTERMEDIA TECHNOLOGY LIMITED Registered Number 02871611

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	2,765	3,457
		2,765	3,457
Current assets
Stocks		1,200	1,200
Debtors		1,381	812
Cash at bank and in hand		19,218	18,567
		21,799	20,579
Creditors: amounts falling due within one year		(55,848)	(47,218)
Net current assets (liabilities)		(34,049)	(26,639)
Total assets less current liabilities		(31,284)	(23,182)
Total net assets (liabilities)		(31,284)	(23,182)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(31,286)	(23,184)
Shareholders' funds		(31,284)	(23,182)

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 29 September 2016

And signed on their behalf by:
R C McIvor, Director

INTERMEDIA TECHNOLOGY LIMITED Registered Number 02871611

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 2015

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

Tangible assets depreciation policy
Tangible Fixed Assets are depreciated at 20% per annum on the reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 January 2015	16,163
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	16,163
Depreciation
At 1 January 2015	12,706
Charge for the year	692
On disposals	-
At 31 December 2015	13,398
Net book values
At 31 December 2015	2,765
At 31 December 2014	3,457

3Transactions with directors

Name of director receiving advance or credit:	R C McIvor
Description of the transaction:	Funds advanced to Company
Balance at 1 January 2015:	£ 46,018
Advances or credits made:	£ 9,030
Advances or credits repaid:	-
Balance at 31 December 2015:	£ 55,048