INDIGO (LEICESTER) LIMITED,Ltd - AccountsLtd

As at 31 August 2017

INDIGO (LEICESTER) LIMITED

Statement of Financial Position

Registered Number :

04873923

2016

2017

Notes

Fixed assets

Property, plant and equipment

1,167

342

1,167

342

Current assets

Inventories

205

145

Trade and other receivables

547

350

385

Cash and cash equivalents

1,535

2,030

1,137

Trade and other payables: amounts falling due within one

year

(15,647)

(12,602)

(14,510)

(10,572)

Net current liabilities

Total assets less current liabilities

(9,405)

(14,168)

(221)

(68)

Provisions for liabilities

(9,626)

Net liabilities

(14,236)

Capital and reserves

Called up share capital

200

Retained earnings

(9,826)

(14,436)

(9,626)

(14,236)

Shareholders' funds

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

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

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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.

Mr CRAIG SAUNDERS Director

These financial statements were approved and authorised for issue by the Board on 14 May 2018 and were signed by:

The notes form part of these financial statements

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For the year ended 31 August 2017

INDIGO (LEICESTER) LIMITED

Notes to the Financial Statements

Statutory Information

INDIGO (LEICESTER) LIMITED is a private limited company, limited by shares, domiciled in England and Wales,

registration number 04873923.

Principal place of business:

31a Braunstone Gate

Leicester

LE3 5LH

Registered address:

West Walk House

99 Princess Road East

Leicester

LE1 7LF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

15% Reducing balance

Fixtures and fittings

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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For the year ended 31 August 2017

INDIGO (LEICESTER) LIMITED

Notes to the Financial Statements Continued

2. Property, plant and equipment

Fixtures and

fittings

Cost or

valuation

At 01 September 2016

354

962

Additions

At 31 August 2017

1,316

Provision for depreciation and impairment

At 01 September 2016

Charge for year

137

At 31 August 2017

149

At 31 August 2017

Net book value

1,167

At 31 August 2016

342

3. Inventories

2016

2017

Stocks

145

205

4. Trade and other receivables

2016

2017

Prepayments and accrued income

239

Taxation and social security

350

308

547

350

5. Trade and other payables: amounts falling due within one year

2016

2017

Trade creditors

Taxation and social security

1,824

864

Accruals and deferred income

1,142

1,117

Directors' loan accounts

9,552

13,582

12,602

15,647

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