1 March 2017 false No description of principal activity Taxfiler 2018.14.Web 05368371business:PrivateLimitedCompanyLtd2017-03-012018-02-28 053683712017-02-28 053683712017-03-012018-02-28 05368371business:AuditExemptWithAccountantsReport2017-03-012018-02-28 05368371business:FullAccounts2017-03-012018-02-28 053683712018-02-28 053683712017-02-28 05368371core:WithinOneYear2018-02-28 05368371core:WithinOneYear2017-02-28 053683712016-02-292017-02-28 05368371business:Micro-entities2017-03-012018-02-28 05368371business:Director12017-03-012018-02-28 iso4217:GBP xbrli:pure
Company Registration No. 05368371 (England and Wales)
Inkspot (Retail) Limited Unaudited accounts for the year ended 28 February 2018
Inkspot (Retail) Limited Statement of Financial Position as at 28 February 2018
2018 
2017 
£ 
£ 
Fixed assets
5,549 
3,708 
Current assets
13,499 
19,753 
Creditors: amounts falling due within one year
(79,807)
(37,939)
Net current liabilities
(66,308)
(18,186)
Total assets less current liabilities
(60,759)
(14,478)
Accruals and deferred income
(2,974)
(2,674)
Net liabilities
(63,733)
(17,152)
Capital and reserves
(63,733)
(17,152)
NOTES TO THE ACCOUNTS
1 Director's advances, credit and guarantees
The director has invested £123,495 from private funds in research costs and the acquisition of this company. In addition, at the balance sheet date, the company owed the Director £77,836. There are no formal terms as to interest or repayment, but the Director has indicted that he will not request repayment unless the company has sufficient resources to do so.
2 Average number of employees
During the year the average number of employees was 2 (2017: 2).
For the year ending 28 February 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 14 May 2018
Onuoha Nicholas Okoro Director Company Registration No. 05368371
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