iScrapp Limited - Abbreviated accounts

Registered number

08072577

iScrapp Limited

Abbreviated Accounts

31 May 2016

iScrapp Limited
Registered number:		08072577
Abbreviated Balance Sheet
as at 31 May 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		7,236			7,236

Current assets
Debtors		3,500			-
Cash at bank and in hand		245			3,857
		3,745			3,857

Creditors: amounts falling due within one year		(14,249)			(14,249)

			(10,504)			(10,392)

			(3,268)			(3,156)

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			(3,368)			(3,256)

Shareholders' funds			(3,268)			(3,156)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



P Zammit
Director
Approved by the board on 24 February 2017

iScrapp Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Tangible fixed assets					£

	Cost
	At 1 June 2015					7,236
	At 31 May 2016					7,236

	Depreciation
	At 31 May 2016					-

	Net book value
	At 31 May 2016					7,236
	At 31 May 2015					7,236


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100