Abbreviated Company Accounts - INNOVATION LICENSING LIMITED

INNOVATION LICENSING LIMITED - Company Information

02723336 INNOVATION LICENSING LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 02723336 2015-07-01 2016-06-30 02723336 2016-06-30 02723336 2015-06-30 02723336 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 02723336 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 02723336

INNOVATION LICENSING LIMITED

Abbreviated Accounts

30 June 2016

INNOVATION LICENSING LIMITED Registered Number 02723336

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		4,956	2,832
Cash at bank and in hand		41	745
		4,997	3,577
Creditors: amounts falling due within one year		(52,385)	(49,936)
Net current assets (liabilities)		(47,388)	(46,359)
Total assets less current liabilities		(47,388)	(46,359)
Total net assets (liabilities)		(47,388)	(46,359)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(47,390)	(46,361)
Shareholders' funds		(47,388)	(46,359)

For the year ending 30 June 2016 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 1 August 2016

And signed on their behalf by:
C Costa, Director

INNOVATION LICENSING LIMITED Registered Number 02723336

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
Going Concern:
The company is reliant on the continued support of its director. At the balance sheet date the director knows of no reason why this will not continue.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2