Abbreviated Company Accounts - INGRAM FABRICATIONS LIMITED

Abbreviated Company Accounts - INGRAM FABRICATIONS LIMITED


Registered Number SC110043

INGRAM FABRICATIONS LIMITED

Abbreviated Accounts

31 December 2015

INGRAM FABRICATIONS LIMITED Registered Number SC110043

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 4,871 4,895
4,871 4,895
Current assets
Debtors - 526
Cash at bank and in hand 65,462 66,010
65,462 66,536
Creditors: amounts falling due within one year (7,267) (4,051)
Net current assets (liabilities) 58,195 62,485
Total assets less current liabilities 63,066 67,380
Total net assets (liabilities) 63,066 67,380
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 62,966 67,280
Shareholders' funds 63,066 67,380
  • For the year ending 31 December 2015 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 6 September 2016

And signed on their behalf by:
Jennifer Ingram, Director

INGRAM FABRICATIONS LIMITED Registered Number SC110043

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and Machinery - No depreciation
Fixtures, fittings and equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2015 5,846
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 5,846
Depreciation
At 1 January 2015 951
Charge for the year 24
On disposals -
At 31 December 2015 975
Net book values
At 31 December 2015 4,871
At 31 December 2014 4,895
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100