Registered Number 05466803
INN DISPENSIBLE LIMITED
Abbreviated Accounts
31 August 2015
Notes | 2015 | 2014 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|
||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
These financial statements have been prepared on a going concern basis. The company is dependent on the support of the directors who have a loan account totalling £33,823 included in creditors due within one year. The directors do not intend to withdraw the existing funds within the next twelve months. The going concern basis is therefore believed to be appropriate. The financial statements do not include any adjustments that might result from a withdrawal of funds.
Turnover policy
Tangible assets depreciation policy
Land and building leasehold are depreciated on a 10% straight line basis.
Plant and machinery are depreciated on a 25% reducing balance basis.
£ | |
---|---|
Cost | |
At 1 September 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 August 2015 |
|
Depreciation | |
At 1 September 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 August 2015 |
|
Net book values | |
At 31 August 2015 | 41,375 |
At 31 August 2014 | 46,469 |