Abbreviated Company Accounts - INNOVATE CONSULTING SOLUTIONS LIMITED

INNOVATE CONSULTING SOLUTIONS LIMITED - Company Information

07198650 INNOVATE CONSULTING SOLUTIONS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07198650 2013-04-01 2014-03-31 07198650 2014-03-31 07198650 2013-03-31 07198650 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07198650 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07198650

INNOVATE CONSULTING SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2014

INNOVATE CONSULTING SOLUTIONS LIMITED Registered Number 07198650

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	616	421
		616	421
Current assets
Debtors		1,500	19,200
Cash at bank and in hand		70,531	38,334
		72,031	57,534
Creditors: amounts falling due within one year		(26,297)	(43,000)
Net current assets (liabilities)		45,734	14,534
Total assets less current liabilities		46,350	14,955
Total net assets (liabilities)		46,350	14,955
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		46,349	14,954
Shareholders' funds		46,350	14,955

For the year ending 31 March 2014 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 18 December 2014

And signed on their behalf by:
K. Patel, Director

INNOVATE CONSULTING SOLUTIONS LIMITED Registered Number 07198650

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% Reducing balance

Other accounting policies
Deferred taxation
Deferred tax is not provided due to the immateriality of the amounts involved.

2Tangible fixed assets

	£
Cost
At 1 April 2013	1,000
Additions	400
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	1,400
Depreciation
At 1 April 2013	579
Charge for the year	205
On disposals	-
At 31 March 2014	784
Net book values
At 31 March 2014	616
At 31 March 2013	421

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

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1