Abbreviated Company Accounts - INFINITY AUTOMATION LIMITED

INFINITY AUTOMATION LIMITED - Company Information

SC359447 INFINITY AUTOMATION LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true SC359447 2013-06-01 2014-05-31 SC359447 2014-05-31 SC359447 2013-05-31 SC359447 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 SC359447 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number SC359447

INFINITY AUTOMATION LIMITED

Abbreviated Accounts

31 May 2014

INFINITY AUTOMATION LIMITED Registered Number SC359447

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	678	296
		678	296
Current assets
Debtors		9,466	65,652
Cash at bank and in hand		92,251	7,108
		101,717	72,760
Creditors: amounts falling due within one year		(31,797)	(28,096)
Net current assets (liabilities)		69,920	44,664
Total assets less current liabilities		70,598	44,960
Total net assets (liabilities)		70,598	44,960
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		70,596	44,958
Shareholders' funds		70,598	44,960

For the year ending 31 May 2014 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.

Approved by the Board on 24 February 2015

And signed on their behalf by:
I M ALLAN, Director

INFINITY AUTOMATION LIMITED Registered Number SC359447

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting 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 assets depreciation policy
Depreciation - has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment - 20% straight line

Other accounting policies
Foreign currencies - transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 June 2013	444
Additions	589
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,033
Depreciation
At 1 June 2013	148
Charge for the year	207
On disposals	-
At 31 May 2014	355
Net book values
At 31 May 2014	678
At 31 May 2013	296

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2