Abbreviated Company Accounts - INNOVATIVE APPS TECHNOLOGIES LTD

INNOVATIVE APPS TECHNOLOGIES LTD - Company Information

08826598 INNOVATIVE APPS TECHNOLOGIES LTD 2016-03-31 false 2015-01-01 2016-03-31 true 08826598 2015-01-01 2016-03-31 08826598 2016-03-31 08826598 2014-12-31 08826598 uk-gaap-cd-bus:Director1 2015-01-01 2016-03-31 08826598 uk-gaap-cd-bus:Director2 2015-01-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08826598

INNOVATIVE APPS TECHNOLOGIES LTD

Abbreviated Accounts

31 March 2016

INNOVATIVE APPS TECHNOLOGIES LTD Registered Number 08826598

Abbreviated Balance Sheet as at 31 March 2016

	Notes	31/03/2016	31/12/2014
		£	£
Fixed assets
Tangible assets	2	990	1,320
		990	1,320
Current assets
Debtors		147,970	29,970
Cash at bank and in hand		222,772	207,614
		370,742	237,584
Creditors: amounts falling due within one year		(54,634)	(19,918)
Net current assets (liabilities)		316,108	217,666
Total assets less current liabilities		317,098	218,986
Creditors: amounts falling due after more than one year		(18,993)	(3,785)
Total net assets (liabilities)		298,105	215,201
Capital and reserves
Called up share capital	3	200,100	200,100
Profit and loss account		98,005	15,101
Shareholders' funds		298,105	215,201

For the year ending 31 March 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 1 December 2016

And signed on their behalf by:
K M LEE SHIM, Director

INNOVATIVE APPS TECHNOLOGIES LTD Registered Number 08826598

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 net invoiced sales of services, excluding value added tax.

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

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,760
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,760
Depreciation
At 1 January 2015	440
Charge for the year	330
On disposals	-
At 31 March 2016	770
Net book values
At 31 March 2016	990
At 31 December 2014	1,320

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

	31/03/2016 £	31/12/2014 £
200,100 Ordinary shares of £1 each	200,100	200,100