1nscom Limited - Period Ending 2016-09-30

1nscom Limited - Period Ending 2016-09-30

1 NETWORK SERVICES LIMITED - Company Information

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1nscom Limited 08684219 false true 2015-10-01 2016-09-30 2016-09-30 08684219 2015-10-01 2016-09-30 08684219 2016-09-30 08684219 uk-bus:OrdinaryShareClass1 2016-09-30 08684219 uk-bus:Director1 2015-10-01 2016-09-30 08684219 uk-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 08684219 uk-bus:EntityAccountantsOrAuditors 2015-10-01 2016-09-30 08684219 2015-09-30 08684219 2015-09-30 08684219 uk-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP xbrli:shares

Registration number: 08684219

1nscom Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

MyAccountant.co.uk Limited
Whitefriars
Lewins Mead
Bristol
BS1 2NT

 

1nscom Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

 

1nscom Limited
(Registration number: 08684219)
Abbreviated Balance Sheet at 30 September 2016

   

Note

    

2016
£

    

2015
£

  

Current assets

  

             

Debtors

  

   

1

   

1

 

Creditors: Amounts falling due within one year

  

   

(357,184)

   

(357,184)

 

Net liabilities

  

   

(357,183)

   

(357,183)

 

Capital and reserves

  

             

Called up share capital

 

2

   

1

   

1

 

Profit and loss account

  

   

(357,184)

   

(357,184)

 

Shareholders' deficit

  

   

(357,183)

   

(357,183)

 

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 director acknowledges his 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 director on 30 June 2017

.........................................
Mr Pank Koria
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

 

1nscom Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1

Accounting policies

Basis of preparation

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

2

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary share of £1 each

 

1

   

1

   

1

   

1

 
                         

3

Related party transactions

 

During the year £352,311 was loaned, as an interest free loan, to 1NSCOM Ltd by Mr P Koria. The balance of £352,311 owed to Project People Ltd, brought forward from 1 October 2015 was repaid in the year by 1NSCOM Ltd. At the period end date £352,311 was owed by 1NSCOM Limited to Mr P Koria. This amount is included in the Other creditors. At the period-end £4,872 (2015: £4,872) was owed by 1NSCOM Limited to 4G Project People Inc, this amount is included in Other creditors. 1NSCOM Ltd and Project People Ltd are under the common control of Mr P Koria.
 

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