INSINC_PROPERTY_LIMITED - Accounts


Company Registration Number 05270761 (England and Wales)
INSINC PROPERTY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017
PAGES FOR FILING WITH REGISTRAR
INSINC PROPERTY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2017
31 March 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
862,583
890,655
Current assets
18,119
49,605
Prepayments and accrued income
1,784
1,495
Creditors: amounts falling due within one year
(37,885)
(78,366)
Net current assets
(17,982)
(27,266)
Total assets less current liabilities
844,601
863,389
Creditors: amounts falling due after more than one year
(412,900)
(461,518)
Net assets
431,701
401,871
Capital and reserves
431,701
401,871
Notes to the financial statements
1.
Transition to FRS105

These financial statements for the year ended 31 March 2017 are the first financial statements of Insinc Property Limited prepared in accordance with FRS 105, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 105 was 1 April 2015. The reported financial position and financial performance for the previous period have been adjusted by the transition to FRS 105 to restate the property to cost less accumulated depreciation.

Insinc Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 Camp Road, Farnborough, Hampshire, GU14 6EW.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

INSINC PROPERTY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2017
31 March 2017
- 2 -

For the year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime.

The financial statements were approved by the board of directors and authorised for issue on 23 May 2017 and are signed on its behalf by:
S R Walden
Director
Company Registration Number 05270761
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