INNOVAMATION_LIMITED - Accounts
INNOVAMATION_LIMITED - Accounts
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2016
COMPANY REGISTRATION NO. 05494180 (England and Wales)
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(8,822 )
(9,031 )
Net current liabilities
(7,478 )
(1,940 )
Total assets less current liabilities
(5,953 )
Provisions for liabilities
(259 )
-
(6,212)
820
Capital and reserves
Called up share capital
3
Profit and loss account
(6,282 )
Shareholders' funds
(6,212 )
Directors' responsibilities:
-
-
Approved by the Board for issue on 24 July 2017
Director
Company Registration No. 05494180
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Computer equipment
Fixtures fittings and equipment
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2015 & at 31 October 2016
6,861
Depreciation
At 1 November 2015
4,100
Charge for the year
1,236
At 31 October 2016
5,336
Net book value
At 31 October 2016
1,525
At 31 October 2015
2,760
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid