InProve Limited - Period Ending 2020-03-31

Registration number: 10564045

InProve Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2020

InProve Limited

Director's Report
for the Year Ended 31 March 2020

The director presents his report and the financial statements for the year ended 31 March 2020.

Director of the company

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

T H M Horne

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the director on 30 June 2020 and signed on its behalf by:

T H M Horne Director

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InProve Limited

Profit and Loss Account
for the Year Ended 31 March 2020

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

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InProve Limited

(Registration number: 10564045)
Balance Sheet as at 31 March 2020

	Note	2020 £	2019 £
Creditors: Amounts falling due within one year	3	(1,018)	(1,018)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(1,118)	(1,118)
Total equity		(1,018)	(1,018)

For the financial year ending 31 March 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 30 June 2020
 

T H M Horne Director

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InProve Limited

Notes to the Financial Statements
for the Year Ended 31 March 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company had net liabilities at the balance sheet date of £1,018. The financial statements have been prepared on a going concern basis as the director has confirmed that he will continue to support the company for a period of at least twelve months from the date of signing the balance sheet.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Creditors

	2020 £	2019 £
Due within one year
Other creditors	1,018	1,018

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