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IPL DRYWALL LIMITED




Company Registration Number:
06725707 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st March 2009

End date: 31st March 2010

SUBMITTED

IPL DRYWALL LIMITED

Company Information
for the Period Ended
31st March 2010




Director: MRS ILONA MALINAITIENE
Registered office: 74c New Wanstead
London
E11 2SY
GBR
Company Registration Number: 06725707 (England and Wales)

IPL DRYWALL LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 9,912 0
Cash at bank and in hand: 889 100
Total current assets: 10,801 100
Creditors
Creditors: amounts falling due within one year 21,900 0
Net current assets (liabilities): ( 11,099 ) 100
Total assets less current liabilities: ( 11,099 ) 100
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 .0
Total net assets (liabilities): ( 11,099 ) 100

The notes form part of these financial statements

IPL DRYWALL LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 2 100 100
Revaluation reserve: 0 0
Profit and Loss account: ( 11,199 ) -
Total shareholders funds: ( 11,099 ) 100

For the year ending 31 March 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 08 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: MRS ILONA MALINAITIENE
Status: Director

The notes form part of these financial statements

IPL DRYWALL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2005).

    Turnover policy

    Turnover represents net invoiced sales of services, excluding value added tax. In the opinion of the directors, none of the turnover of the company is attributable to geographical markets outside the UK.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life. Company is using 25% reducing line method.

    Other accounting policies

    Operating Profit ( Loss) is stated after capital allowances. Deferred Tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date.

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100