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INTERNET POWER SYSTEMS LIMITED




Company Registration Number:
04522119 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st March 2009

End date: 28th February 2010

SUBMITTED

INTERNET POWER SYSTEMS LIMITED

Company Information
for the Period Ended
28th February 2010




Director: M.M. Hogg
C.D. Ogle
M.R. Whittingdale
Company secretary: C.D. Ogle
Registered office: 11 Dellfield Court
94 Hempstead Road
Watford
Hertfordshire
WD17 4JY
GBR
Company Registration Number: 04522119 (England and Wales)

INTERNET POWER SYSTEMS LIMITED

Abbreviated Balance sheet
As at 28th February 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 3 7,058 9,411
Total fixed assets: 7,058 9,411
Current assets
Stocks: 0 0
Debtors: 4 18,085 14,884
Cash at bank and in hand: 12,323 6,022
Total current assets: 30,408 20,906
Creditors
Creditors: amounts falling due within one year 5 26,910 21,481
Net current assets (liabilities): 3,498 ( 575 )
Total assets less current liabilities: 10,556 8,836
Creditors: amounts falling due after more than one year: 6 125,248 125,421
Provision for liabilities: 0 .0
Total net assets (liabilities): ( 114,692 ) ( 116,585 )

The notes form part of these financial statements

INTERNET POWER SYSTEMS LIMITED

Abbreviated Balance sheet
As at 28th February 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 7 1,000 1,000
Revaluation reserve: 0 0
Profit and Loss account: ( 115,692 ) ( 117,585 )
Total shareholders funds: ( 114,692 ) ( 116,585 )

For the year ending 28 February 2010 the company was entitled to exemption 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 directors acknowledge their 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 provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 29 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: C.D. Ogle
Status: Director

The notes form part of these financial statements

INTERNET POWER SYSTEMS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
28th February 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

    Turnover policy

    Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Plant and machinery 25% reducing balance

    Intangible fixed assets amortisation policy

    None.

    Valuation information and policy

    None.

  • 3. Tangible assets

    Total
    Cost £
    At 01st March 2009: 49,330
    At 28th February 2010: 49,330
    Depreciation
    At 01st March 2009: 39,919
    Charge for year: 2,353
    At 28th February 2010: 42,272
    Net book value
    At 28th February 2010: 7,058
    At 28th February 2009: 9,411

  • 4. Debtors

    2010
    £
    2009
    £
    Trade debtors: 11,771 14,884
    Other debtors: 6,314 -
    Total: 18,085 14,884

  • 5. Creditors: amounts falling due within one year

    2010
    £
    2009
    £
    Trade creditors: 26,910 20,281
    Taxation and social security: - 1,200
    Total: 26,910 21,481

  • 6. Creditors: amounts falling due after more than one year

    2010
    £
    2009
    £
    Other creditors: 125,248 125,421
    Total: 125,248 125,421

  • 7. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1,000 1 1,000
    Total share capital: 1,000
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1,000 1 1,000
    Total share capital: 1,000