Abbreviated Company Accounts - INCA FINANCE LTD

05988620 INCA FINANCE LTD 2016-11-30 false 2015-12-01 2016-11-30 true 05988620 2015-12-01 2016-11-30 05988620 2016-11-30 05988620 2015-11-30 05988620 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 05988620 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 05988620

INCA FINANCE LTD

Abbreviated Accounts

30 November 2016

INCA FINANCE LTD Registered Number 05988620

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,094	2,322
		2,094	2,322
Current assets
Debtors		25,954	48,312
Cash at bank and in hand		65,755	45,724
		91,709	94,036
Creditors: amounts falling due within one year		(23,406)	(38,237)
Net current assets (liabilities)		68,303	55,799
Total assets less current liabilities		70,397	58,121
Provisions for liabilities		(419)	(332)
Total net assets (liabilities)		69,978	57,789
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		69,878	57,689
Shareholders' funds		69,978	57,789

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 29 August 2017

And signed on their behalf by:
Mrs S H Intinghero, Director

INCA FINANCE LTD Registered Number 05988620

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

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:

Computer equipment 25% per annum on reducing balance
Fixtures, fittings & equipment 25% per annum on reducing balance

2Tangible fixed assets

	£
Cost
At 1 December 2015	8,242
Additions	469
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	8,711
Depreciation
At 1 December 2015	5,920
Charge for the year	697
On disposals	-
At 30 November 2016	6,617
Net book values
At 30 November 2016	2,094
At 30 November 2015	2,322

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

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