Infopoint Systems Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02641266 (England and Wales)

INFOPOINT SYSTEMS LIMITED

ABBREVIATED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Coyne

W Coyne

SECRETARY:

J Coyne

REGISTERED OFFICE:

Alpha V - VI

Laser Quay

Culpeper Close

Medway City Estate

Kent

ME2 4HU

REGISTERED NUMBER:

02641266 (England and Wales)

ACCOUNTANTS:

Perrys Accountants Limited

Chartered Accountants

Alpha VI

Alpha House

Laser Quay, Culpeper Close

Medway

Kent

ME2 4HU

FIXED ASSETS

Tangible assets

2

1,754

1,405

CURRENT ASSETS

Debtors

-

32,820

Cash at bank

86,583

88,445

86,583

121,265

CREDITORS

Amounts falling due within one year

62,520

100,490

NET CURRENT ASSETS

24,063

20,775

TOTAL ASSETS LESS CURRENT LIABILITIES

25,817

22,180

PROVISIONS FOR LIABILITIES

336

263

NET ASSETS

25,481

21,917

CAPITAL AND RESERVES

Called up share capital

3

2,002

2,002

Profit and loss account

23,479

19,915

SHAREHOLDERS' FUNDS

25,481

21,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:

J Coyne - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

13,071

Additions

934

At 31 December 2014

14,005

DEPRECIATION

At 1 January 2014

11,666

Charge for year

585

At 31 December 2014

12,251

NET BOOK VALUE

At 31 December 2014

1,754

At 31 December 2013

1,405

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2,000

Ordinary

£1

2,000

2,000

1

Deferred A

£1

1

1

1

Ordinary B

£1

1

1

2,002

2,002

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

5.	RELATED PARTY DISCLOSURES