Abbreviated Company Accounts - I-SKILLS LIMITED

04005006 I-SKILLS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 04005006 2015-07-01 2016-06-30 04005006 2016-06-30 04005006 2015-06-30 04005006 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 04005006 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 04005006

I-SKILLS LIMITED

Abbreviated Accounts

30 June 2016

I-SKILLS LIMITED Registered Number 04005006

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,674	5,843
		4,674	5,843
Current assets
Debtors		8,597	7,200
Cash at bank and in hand		115,639	143,147
		124,236	150,347
Creditors: amounts falling due within one year		(32,390)	(38,890)
Net current assets (liabilities)		91,846	111,457
Total assets less current liabilities		96,520	117,300
Total net assets (liabilities)		96,520	117,300
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		96,519	117,299
Shareholders' funds		96,520	117,300

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 22 March 2017

And signed on their behalf by:
Mr K Umeria, Director

I-SKILLS LIMITED Registered Number 04005006

Notes to the Abbreviated Accounts for the period ended 30 June 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 the net invoiced value of services provided by the company, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided on tangible fixed assets at the following annual rates in order to write off the assets over their estimated useful lives :
Furniture, Fixtures and Equipment : 20% on reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 July 2015	25,256
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	25,256
Depreciation
At 1 July 2015	19,413
Charge for the year	1,169
On disposals	-
At 30 June 2016	20,582
Net book values
At 30 June 2016	4,674
At 30 June 2015	5,843

3Called Up Share Capital
Allotted, called up and fully paid:

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

During the two years ended 30 June 2016, Mr K Umeria, who is also a director of the company, controlled the company by virtue of a controlling interest (directly or indirectly) of 100% of the Called up and Issued Share Capital of the company.