Abbreviated Company Accounts - INCOME AND GROWTH LIMITED

Abbreviated Company Accounts - INCOME AND GROWTH LIMITED

INCOME AND GROWTH LIMITED - Company Information

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Registered Number 07587527

INCOME AND GROWTH LIMITED

Abbreviated Accounts

30 April 2016

INCOME AND GROWTH LIMITED Registered Number 07587527

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Current assets
Debtors 532,590 532,500
Cash at bank and in hand 2 137
532,592 532,637
Creditors: amounts falling due within one year (534,140) (533,867)
Net current assets (liabilities) (1,548) (1,230)
Total assets less current liabilities (1,548) (1,230)
Total net assets (liabilities) (1,548) (1,230)
Capital and reserves
Called up share capital 90 90
Profit and loss account (1,638) (1,320)
Shareholders' funds (1,548) (1,230)
  • For the year ending 30 April 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 27 February 2017

And signed on their behalf by:
Steve Wright, Director

INCOME AND GROWTH LIMITED Registered Number 07587527

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Other accounting policies
The future trading of the company and the going concern basis on which the financial statements are prepared depend on the continuing support of the director and company's bankers. The director therefore considers it appropriate to prepare the financial statements on the going concern basis. The accounts do not include any adjustments that would result from a withdrawl of the support referred to above.