Indugo Consulting Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06137137 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

INDUGO CONSULTING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Downton

SECRETARY:

Mrs R Downton

REGISTERED OFFICE:

30 Arlington Avenue

Leamington Spa

Warwickshire

CV32 5UD

REGISTERED NUMBER:

06137137 (England and Wales)

ACCOUNTANT:

Thelma J Murphy Ltd

Vectis House

Banbury Street

Kineton

Warwickshire

CV35 OJS

FIXED ASSETS

Tangible assets

2

227

184

CURRENT ASSETS

Debtors

6,138

2,342

Cash at bank

2,731

5,766

8,869

8,108

CREDITORS

Amounts falling due within one year

8,981

8,281

NET CURRENT LIABILITIES

(112

)

(173

)

TOTAL ASSETS LESS CURRENT LIABILITIES

115

11

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

114

10

SHAREHOLDERS' FUNDS

115

11

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 December 2014 and were signed by:

N Downton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

The turnover of the company to 30th September represented net invoiced sales of services, excluding Vat. From

1st October the company operated the Flat Rate Scheme for accounting for VAT and the turnover therefore is

now recorded gross of Vat and the relevant payment under this scheme is shown as an expense in the accounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

774

Additions

119

At 31 March 2014

893

DEPRECIATION

At 1 April 2013

590

Charge for year

76

At 31 March 2014

666

NET BOOK VALUE

At 31 March 2014

227

At 31 March 2013

184

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

2014

2013

£

£

N Downton

Balance outstanding at start of year

2,342

4,980

Amounts advanced

3,566

2,362

Amounts repaid

(2,350

)

(5,000

)

Balance outstanding at end of year

3,558

2,342

On 20th November 2014 the director paid in a cheque of £3,600 to clear the directors loan.