Abbreviated Company Accounts - ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD

ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD - Company Information

08685153 ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD 2016-09-30 false 2015-10-01 2016-09-30 true 08685153 2015-10-01 2016-09-30 08685153 2016-09-30 08685153 2015-09-30 08685153 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 08685153 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 08685153

ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD

Abbreviated Accounts

30 September 2016

ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD Registered Number 08685153

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	843	1,452
		843	1,452
Current assets
Debtors		-	334
Cash at bank and in hand		2,485	9,102
		2,485	9,436
Creditors: amounts falling due within one year		(17,141)	(15,360)
Net current assets (liabilities)		(14,656)	(5,924)
Total assets less current liabilities		(13,813)	(4,472)
Total net assets (liabilities)		(13,813)	(4,472)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(13,913)	(4,572)
Shareholders' funds		(13,813)	(4,472)

For the year ending 30 September 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 June 2017

And signed on their behalf by:
Francesco Bernabei, Director

ISLESNET INITIATIVES FOR LIVING ENVIRONMENTS LTD Registered Number 08685153

Notes to the Abbreviated Accounts for the period ended 30 September 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, fittings & equipment - 25% on cost

Other accounting policies
Related party relationships and transactions

Other transactions
At the balance sheet date the company owed the director £16,701 (2015 - £14,941).

2Tangible fixed assets

	£
Cost
At 1 October 2015	2,436
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	2,436
Depreciation
At 1 October 2015	984
Charge for the year	609
On disposals	-
At 30 September 2016	1,593
Net book values
At 30 September 2016	843
At 30 September 2015	1,452

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100