IINKAI LTD - Abbreviated accounts 16.3

IINKAI LTD - Abbreviated accounts 16.3

IINKAI LIMITED - Company Information

Print Friendly Version

06804753 1.2.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 Ordinary 1.00000 18350 10000 14500 18350 18350 10000 14500 18350 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068047532015-01-31068047532016-03-31068047532015-02-012016-03-31068047532014-01-31068047532014-02-012015-01-31068047532015-01-3106804753ns12:England2015-02-012016-03-3106804753ns14:PoundSterling2015-02-012016-03-3106804753ns7:Director12015-02-012016-03-3106804753ns7:OrdinaryShareClass12015-02-012016-03-3106804753ns7:OrdinaryShareClass22015-02-012016-03-3106804753ns7:Director22015-01-3106804753ns7:Director22014-01-3106804753ns7:Director22015-02-012016-03-3106804753ns7:Director22014-02-012015-01-3106804753ns7:Director22016-03-3106804753ns7:Director22015-01-3106804753ns7:CompanySecretary2015-02-012016-03-3106804753ns7:RegisteredOffice2015-02-012016-03-3106804753ns7:EntityAccountantsOrAuditors2015-02-012016-03-3106804753ns5:PlantMachinery2015-02-012016-03-3106804753ns7:OrdinaryShareClass12016-03-3106804753ns7:OrdinaryShareClass12015-01-3106804753ns7:OrdinaryShareClass22016-03-3106804753ns7:OrdinaryShareClass22015-01-3106804753ns7:Director12015-01-3106804753ns7:Director12014-01-3106804753ns7:Director12014-02-012015-01-3106804753ns7:Director12016-03-3106804753ns7:Director12015-01-31
REGISTERED NUMBER: 06804753 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 1 February 2015 to 31 March 2016

for

IINKAI LTD

IINKAI LTD (Registered number: 06804753)






Contents of the Abbreviated Accounts
for the Period 1 February 2015 to 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

IINKAI LTD

Company Information
for the Period 1 February 2015 to 31 March 2016







DIRECTORS: D A Edmonds
Mrs L Edmonds





SECRETARY: Mrs L Edmonds





REGISTERED OFFICE: HAWTHORNS
ODIHAM ROAD
RISELEY
READING
Berkshire
RG7 1SD





REGISTERED NUMBER: 06804753 (England and Wales)





ACCOUNTANTS: EDMONDS ACCOUNTANCY LIMITED
HAWTHORNS
ODIHAM ROAD
RISELEY
READING
Berkshire
RG7 1SD
Page 1
IINKAI LTD (Registered number: 06804753)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.1.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 22,667 32,000
Tangible assets 3 292 407
22,959 32,407

CURRENT ASSETS
Debtors 16,770 31,157
Prepayments and accrued income 1,768 3,309
Cash at bank and in hand 24,777 28,086
43,315 62,552
CREDITORS
Amounts falling due within one year 31,665 32,092
NET CURRENT ASSETS 11,650 30,460
TOTAL ASSETS LESS CURRENT
LIABILITIES
34,609
62,867

CAPITAL AND RESERVES
Called up share capital 4 100 100
Other reserves 80,000 80,000
Profit and loss account (45,491 ) (17,233 )
SHAREHOLDERS' FUNDS 34,609 62,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 October 2016 and were signed on its behalf by:




Mrs L Edmonds - Director


The notes form part of these abbreviated accounts

Page 2
IINKAI LTD (Registered number: 06804753)

Notes to the Abbreviated Accounts
for the Period 1 February 2015 to 31 March 2016

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

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 etc - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015
and 31 March 2016 80,000
AMORTISATION
At 1 February 2015 48,000
Amortisation for period 9,333
At 31 March 2016 57,333
NET BOOK VALUE

At 31 March 2016 22,667
At 31 January 2015 32,000

Page 3 continued...
IINKAI LTD (Registered number: 06804753)

Notes to the Abbreviated Accounts - continued
for the Period 1 February 2015 to 31 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 951
Disposals (300 )
At 31 March 2016 651
DEPRECIATION
At 1 February 2015 544
Charge for period 115
Eliminated on disposal (300 )
At 31 March 2016 359
NET BOOK VALUE
At 31 March 2016 292
At 31 January 2015 407

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.1.15
value: £    £   
10 Ordinary £1.00 10 10
90 Ordinary £1.00 90 90
100 100

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2016 and the year
ended 31 January 2015:

31.3.16 31.1.15
£    £   
Mrs L Edmonds and D A Edmonds
Balance outstanding at start of period 18,350 10,000
Amounts advanced 14,500 18,350
Amounts repaid (18,350 ) (10,000 )
Balance outstanding at end of period 14,500 18,350

The debit balance owing on the joint Director Loan Account of £14,500 at 31st Mar 2016 (2015: £18,350)
was repaid in full by a dividend on 31/10/2016

Page 4