Micro-entity Accounts - I-SKILLS LIMITED

04005006 I-SKILLS LIMITED 2017-06-30 false 2016-07-01 2017-06-30 true 04005006 2016-07-01 2017-06-30 04005006 2017-06-30 04005006 2016-06-30 04005006 uk-gaap-cd-bus:Director1 2016-07-01 2017-06-30 04005006 uk-gaap-cd-bus:Director2 2016-07-01 2017-06-30 04005006 uk-gaap-cd-bus:AllEntityOfficers 2016-07-01 2017-06-30 iso4217:GBP shares

Registered Number 04005006

I-SKILLS LIMITED

Micro-entity Accounts

30 June 2017

I-SKILLS LIMITED Registered Number 04005006

Micro-entity Balance Sheet as at 30 June 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	3,739	4,674
		3,739	4,674
Current assets
Debtors		7,560	8,597
Cash at bank and in hand		121,691	115,639
		129,251	124,236
Creditors: amounts falling due within one year		(28,506)	(32,390)
Net current assets (liabilities)		100,745	91,846
Total assets less current liabilities		104,484	96,520
Total net assets (liabilities)		104,484	96,520
Capital and reserves
Called up share capital		1	1
Profit and loss account		104,483	96,519
Shareholders' funds		104,484	96,520

For the year ending 30 June 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 March 2018

And signed on their behalf by:
Mr K Umeria, Director

I-SKILLS LIMITED Registered Number 04005006

Notes to the Micro-entity Accounts for the period ended 30 June 2017

1Tangible fixed assets

	£
Cost
At 1 July 2016	25,256
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2017	25,256
Depreciation
At 1 July 2016	20,582
Charge for the year	935
On disposals	-
At 30 June 2017	21,517
Net book values
At 30 June 2017	3,739
At 30 June 2016	4,674

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 105 being The Financial Reporting Standard applicable to the Micro-entities Regime.

Turnover policy
Turnover represents the net invoiced value of services provided by the company, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided on tangible fixed assets at the following annual rates in order to write off the assets over their estimated useful lives :
Furniture, Fixtures and Equipment 20% on reducing balance basis