Ingenious Power Engineering Ltd - Period Ending 2019-10-31

Ingenious Power Engineering Ltd - Period Ending 2019-10-31


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Registration number: 10447099

Ingenious Power Engineering Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2019

 

Ingenious Power Engineering Ltd

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Balance Sheet

4 to 5

Notes to the Financial Statements

5

 

Ingenious Power Engineering Ltd

Company Information

Director

Jason Johnson

Registered office

2ND Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

Accountants

SRC-Time Ltd
2nd Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

 

Ingenious Power Engineering Ltd

Director's Report for the Year Ended 31 October 2019

The director presents his report and the financial statements for the year ended 31 October 2019.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Jason Johnson

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 26 May 2020 and signed on its behalf by:

.........................................
Jason Johnson
Director

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Ingenious Power Engineering Ltd
for the Year Ended 31 October 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ingenious Power Engineering Ltd for the year ended 31 October 2019 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Ingenious Power Engineering Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Ingenious Power Engineering Ltd and state those matters that we have agreed to state to the Board of Directors of Ingenious Power Engineering Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ingenious Power Engineering Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Ingenious Power Engineering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ingenious Power Engineering Ltd. You consider that Ingenious Power Engineering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Ingenious Power Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

SRC-Time Ltd
2nd Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

26 May 2020

 

Ingenious Power Engineering Ltd

(Registration number: 10447099)
Balance Sheet as at 31 October 2019

Note

2019
£

2018
£

Fixed assets

 

7,731

3,148

Current assets

 

135,828

9,464

Prepayments and accrued income

 

39,071

4,527

Creditors: Amounts falling due within one year

 

(70,959)

(43,990)

Net current assets/(liabilities)

 

103,940

(29,999)

Total assets less current liabilities

 

111,671

(26,851)

Accruals and deferred income

 

(1,500)

(1,300)

   

110,171

(28,151)

Capital and reserves

 

110,171

(28,151)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 26 May 2020
 

.........................................

Jason Johnson

Director

 

Ingenious Power Engineering Ltd

(Registration number: 10447099)
Balance Sheet as at 31 October 2019

Notes to the Financial Statements for the Year Ended 31 October 2019

1

General information

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.