Registration number:
Innovision Technology Ltd
for the Year Ended 31 December 2017
Chartered Certified Accountants
115-116 Spon End
Coventry
Warwickshire
CV1 3HF
Innovision Technology Ltd
Contents
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Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Innovision Technology Ltd
Company Information
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Director |
Mr Iain Fenton Rae |
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Registered office |
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Accountants |
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Page 1 |
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Innovision Technology Ltd
for the Year Ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Innovision Technology Ltd for the year ended 31 December 2017 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
This report is made solely to the Board of Directors of Innovision Technology Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Innovision Technology Ltd and state those matters that we have agreed to state to the Board of Directors of Innovision Technology Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Innovision Technology Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Innovision Technology Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Innovision Technology Ltd. You consider that Innovision Technology Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Innovision Technology Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Certified Accountants
Coventry
Warwickshire
CV1 3HF
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Page 2 |
Innovision Technology Ltd
(Registration number: 08804598)
Balance Sheet as at 31 December 2017
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2017 |
2016 |
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Current assets |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
( |
( |
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Creditors: Amounts falling due after more than one year |
( |
- |
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Accruals and deferred income |
( |
( |
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( |
( |
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Capital and reserves |
( |
( |
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - '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 and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £Nil (2016 - £Nil). There were no guarantees, commitments, contingencies.
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Related party transactions |
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Transactions with directors |
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2017 |
At 1 January 2017 |
Advances to directors |
At 31 December 2017 |
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Mr Iain Fenton Rae |
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Interest free non instalment loan. |
(4,000) |
( |
( |
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Page 3 |
Innovision Technology Ltd
(Registration number: 08804598)
Balance Sheet as at 31 December 2017
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2016 |
At 1 January 2016 |
At 31 December 2016 |
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Mr Iain Fenton Rae |
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Interest free non instalment loan. |
(4,000) |
( |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Director
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Page 4 |