Range Infinity Ltd - Abbreviated accounts

Range Infinity Ltd - Abbreviated accounts


Registered number
08645742
Range Infinity Ltd
Report and Accounts
31 August 2019
Range Infinity Ltd
Balance Sheet
as at 31 August 2019
2019 2018
£ £
Current assets 96,601 66,435
96,601 66,435
Creditors: amounts falling due within one year (46,057) (39,248)
Net current assets 50,544 27,187
Total assets less current liabilities 50,544 27,187
Net assets 50,544 27,187
Capital and reserves 50,544 27,187
The directors control the company.

During the year the company paid £240 (2018 : £240) to S Gillani for use of home as office.

During the year S Gillani had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £25,058 (2018 : £25015 ) and the maximum balance outstanding during the year was £27,047 (2018 : £15,999).

To the extent that any part of the loan remains outstanding by 31 May 2020 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.
During the period there was 2 employee of the company.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The 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.
The company's registered office is at Everdene House, Deansleigh Road, Bournemouth, BH7 7DU.
S Gillani
Director
Approved by the board on 17 October 2019
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