Abbreviated Company Accounts - INNOVATIVE ACCOUNTANTS LTD

Abbreviated Company Accounts - INNOVATIVE ACCOUNTANTS LTD

INNOVATIVE ACCOUNTANTS LTD - Company Information

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Registered Number 09044626

INNOVATIVE ACCOUNTANTS LTD

Abbreviated Accounts

30 November 2016

INNOVATIVE ACCOUNTANTS LTD Registered Number 09044626

Abbreviated Balance Sheet as at 30 November 2016

Notes 30/11/2016 31/05/2015
£ £
Fixed assets
Tangible assets 2 252,500 -
252,500 -
Current assets
Debtors 1,500 5,002
Investments - 2,601
Cash at bank and in hand 10,879 -
12,379 7,603
Creditors: amounts falling due within one year (220,903) (1,752)
Net current assets (liabilities) (208,524) 5,851
Total assets less current liabilities 43,976 5,851
Total net assets (liabilities) 43,976 5,851
Capital and reserves
Called up share capital 1 1
Profit and loss account 43,975 5,850
Shareholders' funds 43,976 5,851
  • 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 14 April 2017

And signed on their behalf by:
Anand Mohan, Director

INNOVATIVE ACCOUNTANTS LTD Registered Number 09044626

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.

2Tangible fixed assets
£
Cost
At 1 June 2015 -
Additions 252,500
Disposals -
Revaluations -
Transfers -
At 30 November 2016 252,500
Depreciation
At 1 June 2015 -
Charge for the year -
On disposals -
At 30 November 2016 -
Net book values
At 30 November 2016 252,500
At 31 May 2015 -