Abbreviated Company Accounts - INTEGRATED INVENTORY SERVICES LIMITED

INTEGRATED INVENTORY SERVICES LIMITED - Company Information

09302152 INTEGRATED INVENTORY SERVICES LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 09302152 2015-12-01 2016-11-30 09302152 2016-11-30 09302152 2015-11-30 09302152 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 09302152 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 09302152

INTEGRATED INVENTORY SERVICES LIMITED

Abbreviated Accounts

30 November 2016

INTEGRATED INVENTORY SERVICES LIMITED Registered Number 09302152

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	918	749
		918	749
Current assets
Debtors		74,471	61,200
Cash at bank and in hand		7,302	695
		81,773	61,895
Creditors: amounts falling due within one year		(11,169)	(12,741)
Net current assets (liabilities)		70,604	49,154
Total assets less current liabilities		71,522	49,903
Total net assets (liabilities)		71,522	49,903
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		71,422	49,803
Shareholders' funds		71,522	49,903

For the year ending 30 November 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 6 July 2017

And signed on their behalf by:
PATRICK MANESIS, Director

INTEGRATED INVENTORY SERVICES LIMITED Registered Number 09302152

Notes to the Abbreviated Accounts for the period ended 30 November 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
The turnover shown in the profit and loss account represents revenue recognized by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided, after taking into account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment – 25% on cost, Machinery - 25% on cost.

2Tangible fixed assets

	£
Cost
At 1 December 2015	999
Additions	474
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	1,473
Depreciation
At 1 December 2015	250
Charge for the year	305
On disposals	-
At 30 November 2016	555
Net book values
At 30 November 2016	918
At 30 November 2015	749

Depreciation is provided, after taking into account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment – 25% on cost, Machinery - 25% on cost.

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

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