Ifinger Limited,Ltd - AccountsLtd - Accounts

Ifinger Limited,Ltd - AccountsLtd - Accounts

IFINGER LIMITED - Company Information

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2020-01-01 03907303 2020-12-31 03907303 2020-01-01 2020-12-31 03907303 2019-12-31 03907303 2019-01-01 2019-12-31 03907303 uk-core:WithinOneYear 2019-12-31 03907303 uk-core:WithinOneYear 2020-12-31 03907303 uk-core:ShareCapital 2020-12-31 03907303 uk-core:ShareCapital 2019-12-31 03907303 uk-core:SharePremium 2020-12-31 03907303 uk-core:SharePremium 2019-12-31 03907303 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 03907303 uk-core:RetainedEarningsAccumulatedLosses 2019-12-31 03907303 uk-bus:Director1 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure 03907303 uk-bus:AuditExemptWithAccountantsReport 2020-01-01 2020-12-31 03907303 uk-bus:FRS102 2020-01-01 2020-12-31 03907303 uk-bus:FullAccounts 2020-01-01 2020-12-31 03907303 uk-bus:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31
Ifinger Limited
Registered Number:03907303
For the year ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2020
Ifinger Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
03907303
As at 31 December 2020
Ifinger Limited
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Intangible assets
-
1,903
Financial assets
100
-
-
2,003
Current assets
Trade and other receivables
578,100
571,206
2
17,792
Cash and cash equivalents
12,858
584,064
595,892
Trade and other payables: amounts falling due within one
year
(11,643)
(500)
3
584,249
583,564
Net current assets
Total assets less current liabilities
583,564
586,252
583,564
Net assets
586,252
Capital and reserves
Called up share capital
122,711
122,711
Share premium account
3,338,276
3,338,276
Retained earnings
(2,877,423)
(2,874,735)
583,564
586,252
Shareholders' funds
For the year ended 31 December 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Knut Haga Director
These financial statements were approved and authorised for issue by the Board on 08 February 2021 and were signed by:
The notes form part of these financial statements
1 of 2
4
For the year ended 31 December 2020
Ifinger Limited
Notes to the Financial Statements
Statutory Information
Ifinger Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
03907303.
Registered address:
54 Weald Lane
Harrow Weald
Middlesex
HA3 5EX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Trade and other receivables
2019
2020
£
£
Other debtors
571,206
578,100
3. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
-
403
Taxation and social security
-
10,240
Other creditors
500
1,000
500
11,643
4. Average number of persons employed
During the year the average number of employees was 0
2 of 2