Incomegain Limited
|
Notes to the Accounts |
for the year ended 30 April 2018
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Investments |
|
Investments in subsidiaries are measured at cost less any accumulated impairment losses.
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price).
|
|
2 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
|
Cost |
|
At 1 May 2017 |
2 |
|
|
At 30 April 2018 |
2 |
|
3 |
Debtors |
2018 |
|
2017 |
£ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
643,972 |
|
643,972 |
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
£ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
193,974 |
|
193,974 |
|
|
|
|
|
|
|
|
|
5 |
Controlling party |
|
The ultimate parent company is Goodweight Limited. The address of Goodweight's registered office is: |
|
39 Hatton Garden
|
|
London |
|
EC1N 8EH |
|
6 |
Other information |
|
|
Incomegain Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
39 Hatton Garden |
|
London |
|
EC1N 8EH |