Abbreviated Company Accounts - INSTANT CHILLING BEVERAGE MACHINE LIMITED

INSTANT CHILLING BEVERAGE MACHINE LIMITED - Company Information

08199072 INSTANT CHILLING BEVERAGE MACHINE LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 08199072 2015-10-01 2016-09-30 08199072 2016-09-30 08199072 2015-09-30 08199072 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 08199072 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 08199072

INSTANT CHILLING BEVERAGE MACHINE LIMITED

Abbreviated Accounts

30 September 2016

INSTANT CHILLING BEVERAGE MACHINE LIMITED Registered Number 08199072

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	67,210	51,680
		67,210	51,680
Current assets
Debtors		748	15,262
Cash at bank and in hand		867	12,570
		1,615	27,832
Creditors: amounts falling due within one year	3	(4,900)	(4,199)
Net current assets (liabilities)		(3,285)	23,633
Total assets less current liabilities		63,925	75,313
Creditors: amounts falling due after more than one year	3	-	(114,556)
Total net assets (liabilities)		63,925	(39,243)
Capital and reserves
Called up share capital	4	114	100
Share premium account		129,556	-
Profit and loss account		(65,745)	(39,343)
Shareholders' funds		63,925	(39,243)

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 30 June 2017

And signed on their behalf by:
T. BYRNE, Director

INSTANT CHILLING BEVERAGE MACHINE LIMITED Registered Number 08199072

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
Going concern
The financial statements have been prepared on a going concern basis which is dependant upon the
continued support by the investors for the provision of working capital to complete the development
project.

Research and development
Development costs are capitalised within intangible assets where they can be identified with a
specific product or project anticipated to produce future benefits, and are amortised on the straight
line basis over the anticipated life of the benefits arising from the completed product or project.
Deferred research and development costs are reviewed annually, and where future benefits are
deemed to have ceased or to be in doubt, the balance of any related research and development is
written off to the profit and loss account.

2Intangible fixed assets

	£
Cost
At 1 October 2015	51,680
Additions	15,530
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	67,210
Amortisation
At 1 October 2015	-
Charge for the year	-
On disposals	-
At 30 September 2016	-
Net book values
At 30 September 2016	67,210
At 30 September 2015	51,680

3Creditors

	2016 £	2015 £
Instalment debts due after 5 years	-	114,556

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
11,400 Ordinary shares of £0.01 each (10,000 shares for 2015)	114	100