Abbreviated Company Accounts - IBIATELI UK LIMITED

Abbreviated Company Accounts - IBIATELI UK LIMITED

IBIATELI UK LIMITED - Company Information

Print Friendly Version

Registered Number 07401913

IBIATELI UK LIMITED

Abbreviated Accounts

31 October 2013

IBIATELI UK LIMITED Registered Number 07401913

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 2,811 1,098
2,811 1,098
Current assets
Debtors 587 379
Cash at bank and in hand 341 261
928 640
Net current assets (liabilities) 928 640
Total assets less current liabilities 3,739 1,738
Creditors: amounts falling due after more than one year (1,048) (513)
Total net assets (liabilities) 2,691 1,225
Capital and reserves
Called up share capital 1 1
Profit and loss account 2,690 1,224
Shareholders' funds 2,691 1,225
  • For the year ending 31 October 2013 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 25 July 2014

And signed on their behalf by:
JULIET S JOHNSON, Director

IBIATELI UK LIMITED Registered Number 07401913

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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.

2Tangible fixed assets
£
Cost
At 1 November 2012 1,464
Additions 2,771
Disposals -
Revaluations -
Transfers -
At 31 October 2013 4,235
Depreciation
At 1 November 2012 366
Charge for the year 1,058
On disposals -
At 31 October 2013 1,424
Net book values
At 31 October 2013 2,811
At 31 October 2012 1,098