Inter-clean (Doncaster) Limited - Period Ending 2016-09-30

Registration number: 04528010

Inter-clean (Doncaster) Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

Inter-clean (Doncaster) Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Inter-clean (Doncaster) Limited (Registration number: 04528010)
Abbreviated Balance Sheet at 30 September 2016

		Note			2016 £			2015 £
Fixed assets
Intangible fixed assets					9,733			11,333
Tangible fixed assets					2,229			2,680
					11,962			14,013
Current assets
Debtors					12,060			20,005
Cash at bank and in hand					19,326			13,752
					31,386			33,757
Creditors: Amounts falling due within one year					(22,946)			(25,908)
Net current assets					8,440			7,849
Net assets					20,402			21,862
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					20,302			21,762
Shareholders' funds					20,402			21,862

For the year ending 30 September 2016 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 21 November 2016 and signed on its behalf by:

.........................................
Mr M Page
Director

.........................................
Mrs A H Page
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Inter-clean (Doncaster) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	20 years on a straight line basis

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on a reducing balance basis
Motor vehicles	25% on a reducing balance basis
Office equipment	15% on a reducing balance basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

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Inter-clean (Doncaster) Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 October 2015		32,000			19,192			51,192
At 30 September 2016		32,000			19,192			51,192
Depreciation
At 1 October 2015		20,667			16,512			37,179
Charge for the year		1,600			451			2,051
At 30 September 2016		22,267			16,963			39,230
Net book value
At 30 September 2016		9,733			2,229			11,962
At 30 September 2015		11,333			2,680			14,013

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary A shares of £1 each		51			51			51			51
Ordinary B shares of £1 each		47			47			47			47
Ordinary C shares of £1 each		1			1			1			1
Ordinary D shares of £1 each		1			1			1			1
		100			100			100			100

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