Inphaserve Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08698324 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

for

Inphaserve Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K R McElrea

REGISTERED OFFICE:

c/o Pannone Corporate LLP

The Chapel

378-380 Deansgate

Manchester

M3 4LY

REGISTERED NUMBER:

08698324 (England and Wales)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

FIXED ASSETS

Tangible assets

2

4,051

5,402

CURRENT ASSETS

Debtors

220,846

293,840

Cash at bank

122,069

40,261

342,915

334,101

CREDITORS

Amounts falling due within one year

361,637

352,342

NET CURRENT LIABILITIES

(18,722

)

(18,241

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,671

)

(12,839

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(14,672

)

(12,840

)

SHAREHOLDERS' FUNDS

(14,671

)

(12,839

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 June 2017 and were signed by:

K R McElrea - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the year end the company had net current liabilities amounting to £18,722. The director has

undertaken to support the company to enable it to meet its debts as they fall due. As such the

Financial Statements have been prepared on the going concern basis.

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

8,460

DEPRECIATION

At 1 October 2015

3,058

Charge for year

1,351

At 30 September 2016

4,409

NET BOOK VALUE

At 30 September 2016

4,051

At 30 September 2015

5,402

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1