Abbreviated Company Accounts - INTRODUCING SERVICES LIMITED

Abbreviated Company Accounts - INTRODUCING SERVICES LIMITED

INTRODUCING SERVICES LIMITED - Company Information

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Registered Number 08081510

INTRODUCING SERVICES LIMITED

Abbreviated Accounts

31 May 2016

INTRODUCING SERVICES LIMITED Registered Number 08081510

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 63,740 63,986
63,740 63,986
Current assets
Debtors 71,845 20,664
Cash at bank and in hand 6,851 389
78,696 21,053
Creditors: amounts falling due within one year (142,375) (57,286)
Net current assets (liabilities) (63,679) (36,233)
Total assets less current liabilities 61 27,753
Total net assets (liabilities) 61 27,753
Capital and reserves
Called up share capital 2 1
Profit and loss account 59 27,752
Shareholders' funds 61 27,753
  • For the year ending 31 May 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 21 February 2017

And signed on their behalf by:
Joseph Dunner, Director

INTRODUCING SERVICES LIMITED Registered Number 08081510

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, Fillings &equipment 25% reducing balance.

2Tangible fixed assets
£
Cost
At 1 June 2015 64,929
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 64,929
Depreciation
At 1 June 2015 943
Charge for the year 246
On disposals -
At 31 May 2016 1,189
Net book values
At 31 May 2016 63,740
At 31 May 2015 63,986