Intrinsica Technology Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02608478 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Intrinsica Technology Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J E Owen

P J Moran

SECRETARY:

J E Owen

REGISTERED OFFICE:

14 Millington Drive

Selsey

West Sussex

PO20 0FF

REGISTERED NUMBER:

02608478 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

69 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

2

1,856

1,606

CURRENT ASSETS

Debtors

79,917

76,621

Cash at bank

50,679

13,638

130,596

90,259

CREDITORS

Amounts falling due within one year

79,284

44,627

NET CURRENT ASSETS

51,312

45,632

TOTAL ASSETS LESS CURRENT
LIABILITIES

53,168

47,238

PROVISIONS FOR LIABILITIES

371

321

NET ASSETS

52,797

46,917

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

52,497

46,617

SHAREHOLDERS' FUNDS

52,797

46,917

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

The members have not required the company to obtain an audit of its financial statements for the year 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:

J E Owen - Director

P J Moran - 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 etc

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,697

Additions

1,022

At 31 March 2016

3,719

DEPRECIATION

At 1 April 2015

1,091

Charge for year

772

At 31 March 2016

1,863

NET BOOK VALUE

At 31 March 2016

1,856

At 31 March 2015

1,606

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

300

Ordinary

£1

300