Information Apps Ltd - Accounts to registrar (filleted) - small 18.1

Information Apps Ltd - Accounts to registrar (filleted) - small 18.1


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REGISTERED NUMBER: SC521258 (Scotland)















Financial Statements

for the Period 1 December 2016 to 31 December 2017

for

Information Apps Ltd

Information Apps Ltd (Registered number: SC521258)






Contents of the Financial Statements
for the Period 1 December 2016 to 31 December 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Information Apps Ltd

Company Information
for the Period 1 December 2016 to 31 December 2017







DIRECTOR: Mrs J Grieve





SECRETARY:





REGISTERED OFFICE: Cairnfield
14 School Road
Balmullo
St. Andrews
Fife
KY16 0BD





REGISTERED NUMBER: SC521258 (Scotland)





ACCOUNTANTS: Monteaths
Cairnfield
14 School Road
Balmullo
St Andrews
Fife
KY16 0BD

Information Apps Ltd (Registered number: SC521258)

Balance Sheet
31 December 2017

31.12.17 30.11.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,126 1,200

CURRENT ASSETS
Debtors 5 96,106 5,220
Cash at bank and in hand 4,709,723 16,776
4,805,829 21,996
CREDITORS
Amounts falling due within one year 6 63,791 59,692
NET CURRENT ASSETS/(LIABILITIES) 4,742,038 (37,696 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,758,164

(36,496

)

CAPITAL AND RESERVES
Called up share capital 1,837 100
Share premium 4,999,063 -
Retained earnings (242,736 ) (36,596 )
SHAREHOLDERS' FUNDS 4,758,164 (36,496 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 September 2018 and were signed by:





Mrs J Grieve - Director


Information Apps Ltd (Registered number: SC521258)

Notes to the Financial Statements
for the Period 1 December 2016 to 31 December 2017

1. STATUTORY INFORMATION

Information Apps Ltd is a private company, limited by shares , registered in Scotland. The company's registered
number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2016 1,600
Additions 20,916
At 31 December 2017 22,516
DEPRECIATION
At 1 December 2016 400
Charge for period 5,990
At 31 December 2017 6,390
NET BOOK VALUE
At 31 December 2017 16,126
At 30 November 2016 1,200

Information Apps Ltd (Registered number: SC521258)

Notes to the Financial Statements - continued
for the Period 1 December 2016 to 31 December 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 30.11.16
£    £   
Trade debtors 433 -
Other debtors 95,673 5,220
96,106 5,220

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 30.11.16
£    £   
Trade creditors 45,413 15,562
Taxation and social security - (7,226 )
Other creditors 18,378 51,356
63,791 59,692