Company registration number 14300918 (England and Wales)
INNOVATIVE PROCESSING APPLICATIONS LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
INNOVATIVE PROCESSING APPLICATIONS LTD
COMPANY INFORMATION
Directors
T D V Beaton
W G Tasney
Company number
14300918
Registered office
Barttelot Court
Barttelot Road
Horsham
West Sussex
RH12 1DQ
Accountants
Morris Palmer Limited
Barttelot Court
Barttelot Road
Horsham
West Sussex
RH12 1DQ
INNOVATIVE PROCESSING APPLICATIONS LTD
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
INNOVATIVE PROCESSING APPLICATIONS LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 AUGUST 2024
The directors present their annual report and financial statements for the year ended 31 August 2024. The company was dormant throughout the period.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
T D V Beaton
W G Tasney
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
T D V Beaton
W G Tasney
Director
Director
7 February 2025
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INNOVATIVE PROCESSING APPLICATIONS LTD
BALANCE SHEET
AS AT 31 AUGUST 2024
31 August 2024
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
1
1
Net current assets
1
1
Capital and reserves
Called up share capital
4
1
1
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 7 February 2025 and are signed on its behalf by:
T D V Beaton
W G Tasney
Director
Director
Company registration number 14300918 (England and Wales)
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INNOVATIVE PROCESSING APPLICATIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
Company information
Innovative Processing Applications Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Barttelot Court, Barttelot Road, Horsham, West Sussex, RH12 1DQ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
2
1
Total
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Unpaid share capital
1
1
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary share of £1
1
1
1
1
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