Interactive Manufacturing Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04962639 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Interactive Manufacturing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S R Beard

REGISTERED OFFICE:

Unit 28

Joseph Wilson Industrial Estate

Millstrood Road

Whitstable

Kent

CT5 3PS

REGISTERED NUMBER:

04962639 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

5,984

Tangible assets

2

19,245

CURRENT ASSETS

57,980

Debtors

57,511

5,411

Prepayments and accrued income

5,766

774

Cash at bank

16,349

64,165

79,626

CREDITORS

67,934

Amounts falling due within one year

69,055

(3,769

)

NET CURRENT ASSETS/(LIABILITIES)

10,571

2,215

TOTAL ASSETS LESS CURRENT
LIABILITIES

29,816

CREDITORS

-

Amounts falling due after more than one
year

(3,705

)

(827

)

PROVISIONS FOR LIABILITIES

(3,849

)

1,388

NET ASSETS

22,262

CAPITAL AND RESERVES

12

Called up share capital

3

12

1,376

Profit and loss account

22,250

1,388

SHAREHOLDERS' FUNDS

22,262

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 director acknowledges his 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 director on 9 November 2016 and were signed by:

S R Beard - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

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 and over the lease term

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

24,581

Additions

17,480

At 31 March 2016

42,061

DEPRECIATION

At 1 April 2015

18,597

Charge for year

4,219

At 31 March 2016

22,816

NET BOOK VALUE

At 31 March 2016

19,245

At 31 March 2015

5,984

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

12

Ordinary

1

12