Invobus Limited - Accounts to registrar (filleted) - small 23.2.5

Invobus Limited - Accounts to registrar (filleted) - small 23.2.5


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REGISTERED NUMBER: SC574252 (Scotland)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2022

FOR

INVOBUS LIMITED

INVOBUS LIMITED (REGISTERED NUMBER: SC574252)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVOBUS LIMITED

COMPANY INFORMATION
for the year ended 31 August 2022







DIRECTOR: D Nicholson





REGISTERED OFFICE: 43a High Street
Kirkcaldy
KY1 1LL





REGISTERED NUMBER: SC574252 (Scotland)





ACCOUNTANTS: Haines Watts
Business Advisors and Accountants
Viewforth House
189 Nicol Street
Kirkcaldy
Fife
KY1 1PF

INVOBUS LIMITED (REGISTERED NUMBER: SC574252)

BALANCE SHEET
31 August 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 50,000 49,071
Cash at bank and in hand 1,382 110
51,382 49,181
CREDITORS
Amounts falling due within one year 5 28,327 11,235
NET CURRENT ASSETS 23,055 37,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,055

37,946

CREDITORS
Amounts falling due after more than one
year

6

29,159

39,167
NET LIABILITIES (6,104 ) (1,221 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,204 ) (1,321 )
(6,104 ) (1,221 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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.

INVOBUS LIMITED (REGISTERED NUMBER: SC574252)

BALANCE SHEET - continued
31 August 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 August 2023 and were signed by:





D Nicholson - Director


INVOBUS LIMITED (REGISTERED NUMBER: SC574252)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2022

1. STATUTORY INFORMATION

Invobus Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the period end the company had net liabilities of £6,104 (2021 - £1,221). The company continues to be supported by related parties and the directors who provide funding. The funding support is expected to continue for a period of at least one year after the date of signing the financial statements.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 50,000 49,071

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 10,000
Other creditors 18,327 1,235
28,327 11,235

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 29,159 39,167