Indigo Accountancy Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06602553 (England and Wales)

INDIGO ACCOUNTANCY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs E Thornhill

D E Thornhill

REGISTERED OFFICE:

Commerce House

18 West Street

Bourne

Lincolnshire

PE10 9NE

REGISTERED NUMBER:

06602553 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe

Chartered Certified Accountants

Commerce House

18 West Street

Bourne

Lincolnshire

PE10 9NE

FIXED ASSETS

Intangible assets

2

-

13

Tangible assets

3

2,725

2,795

2,725

2,808

CURRENT ASSETS

Debtors

2,449

2,026

Cash at bank

8,915

12,890

11,364

14,916

CREDITORS

Amounts falling due within one year

11,285

11,199

NET CURRENT ASSETS

79

3,717

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,804

6,525

PROVISIONS FOR LIABILITIES

417

559

NET ASSETS

2,387

5,966

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

2,287

5,866

SHAREHOLDERS' FUNDS

2,387

5,966

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 21 November 2016 and were signed on its behalf
by:

Mrs E Thornhill - 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

30% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

1,796

AMORTISATION

At 1 June 2015

1,783

Amortisation for year

13

At 31 May 2016

1,796

NET BOOK VALUE

At 31 May 2016

-

At 31 May 2015

13

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

8,523

Additions

739

At 31 May 2016

9,262

DEPRECIATION

At 1 June 2015

5,728

Charge for year

809

At 31 May 2016

6,537

NET BOOK VALUE

At 31 May 2016

2,725

At 31 May 2015

2,795

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100