Inveniam Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08545875 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 May 2015

for

Inveniam Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr M Burby

REGISTERED OFFICE:

6 Ridgeway

Barrowford

Lancashire

BB9 8QP

REGISTERED NUMBER:

08545875 (England and Wales)

ACCOUNTANTS:

Dymond Ashworth

Chartered Certified Accountants

1st Floor

98-100 Gisburn Road

Barrowford

Lancashire

BB9 6EW

FIXED ASSETS

Tangible assets

2

1,341

1,531

CURRENT ASSETS

Debtors

173

-

Cash at bank

2,098

4,480

2,271

4,480

CREDITORS

Amounts falling due within one year

3,530

2,762

NET CURRENT (LIABILITIES)/ASSETS

(1,259

)

1,718

TOTAL ASSETS LESS CURRENT LIABILITIES

82

3,249

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

81

3,248

SHAREHOLDERS' FUNDS

82

3,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 February 2016 and were signed by:

Dr M Burby - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

2,042

Additions

257

At 31 May 2015

2,299

DEPRECIATION

At 1 June 2014

511

Charge for year

447

At 31 May 2015

958

NET BOOK VALUE

At 31 May 2015

1,341

At 31 May 2014

1,531

3.	CALLED UP SHARE CAPITAL