Abbreviated Company Accounts - INTERBACS LTD

Registered Number 04765553

INTERBACS LTD

Abbreviated Accounts

31 March 2014

INTERBACS LTD Registered Number 04765553

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	1,131	1,508
		1,131	1,508
Current assets
Debtors		21,965	63,751
Cash at bank and in hand		59,201	53,288
		81,166	117,039
Creditors: amounts falling due within one year		(74,899)	(97,522)
Net current assets (liabilities)		6,267	19,517
Total assets less current liabilities		7,398	21,025
Total net assets (liabilities)		7,398	21,025
Capital and reserves
Called up share capital		3	3
Profit and loss account		7,395	21,022
Shareholders' funds		7,398	21,025

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 17 December 2014

And signed on their behalf by:
EDWARD TAYLOR, Director

INTERBACS LTD Registered Number 04765553

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and fittings: 25% reducing balance
Equipment: 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	6,280
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	6,280
Depreciation
At 1 April 2013	4,772
Charge for the year	377
On disposals	-
At 31 March 2014	5,149
Net book values
At 31 March 2014	1,131
At 31 March 2013	1,508