Abbreviated Company Accounts - INNOVATIVE APPS TECHNOLOGIES LTD

INNOVATIVE APPS TECHNOLOGIES LTD - Company Information

08826598 INNOVATIVE APPS TECHNOLOGIES LTD 2014-12-31 false 2013-12-27 2014-12-31 true 08826598 2013-12-27 2014-12-31 08826598 2014-12-31 08826598 uk-gaap-cd-bus:Director1 2013-12-27 2014-12-31 08826598 uk-gaap-cd-bus:Director2 2013-12-27 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-27 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08826598

INNOVATIVE APPS TECHNOLOGIES LTD

Abbreviated Accounts

31 December 2014

INNOVATIVE APPS TECHNOLOGIES LTD Registered Number 08826598

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	1,320
		1,320
Current assets
Debtors		29,970
Cash at bank and in hand		207,614
		237,584
Creditors: amounts falling due within one year		(23,703)
Net current assets (liabilities)		213,881
Total assets less current liabilities		215,201
Total net assets (liabilities)		215,201
Capital and reserves
Called up share capital	3	200,100
Profit and loss account		15,101
Shareholders' funds		215,201

For the year ending 31 December 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 30 April 2015

And signed on their behalf by:
K Lee Shim, Director

INNOVATIVE APPS TECHNOLOGIES LTD Registered Number 08826598

Notes to the Abbreviated Accounts for the period ended 31 December 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 value of services provided to customers net of discount.

Tangible assets depreciation policy
Depreciation has been provided at the following rate in oredr to write off the value of the assets over their estimated useful life.

Plant & Machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
Additions	1,760
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	1,760
Depreciation
Charge for the year	440
On disposals	-
At 31 December 2014	440
Net book values
At 31 December 2014	1,320

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
200,100 Ordinary shares of £1 each	200,100