IFS Computing Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01522092 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

IFS COMPUTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTOR:

Mrs M R Smith

SECRETARY:

Mrs M R Smith

REGISTERED OFFICE:

5 Lipscombe Drive

Buckingham

Buckinghamshire

MK18 1UB

REGISTERED NUMBER:

01522092 (England and Wales)

ACCOUNTANTS:

HW Huntingdon Limited

2a Chequers Court

Huntingdon

Cambridgeshire

PE29 3LJ

CURRENT ASSETS

Investments

57,870

71,460

Cash in hand

4,350

1,500

62,220

72,960

CREDITORS

Amounts falling due within one year

27,894

27,894

NET CURRENT ASSETS

34,326

45,066

TOTAL ASSETS LESS CURRENT LIABILITIES

34,326

45,066

CAPITAL AND RESERVES

Called up share capital

2

2

2

Revaluation reserve

29,870

44,960

Profit and loss account

4,454

104

SHAREHOLDERS' FUNDS

34,326

45,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 4 April 2017 and were signed by:

Mrs M R Smith - 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).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Current asset investments

As permitted by FRS 25, the director has revalued the current asset investments at market value. The increase or

decrease in the value has been charged to the revaluation reserve, a decrease in carrying amount offsets a

previous increase and vice versa.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

2

Ordinary

£1

2

2

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

HW Huntingdon Limited

2a Chequers Court

Huntingdon

Cambridgeshire

PE29 3LJ

4 April 2017