IF 7 LIMITED Accounts filed on 31-03-2015

IF 7 LIMITED Accounts filed on 31-03-2015

IF 7 LIMITED - Company Information

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IF 7 LIMITED




Company Registration Number:
04029011 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2014

End date: 31st March 2015

SUBMITTED

IF 7 LIMITED

Company Information
for the Period Ended 31st March 2015




Director: M HART
L DAVIES
Company secretary: S HART
Registered office: 14 St Marys Road
Cowes
Isle Of Wight
PO31 7SU
Company Registration Number: 04029011 (England and Wales)

IF 7 LIMITED

Abbreviated Balance sheet
As at 31st March 2015

Notes 2015
£		 2014
£
Fixed assets
Intangible assets: 2 20,290 20,290
Total fixed assets: 20,290 20,290
Current assets
Debtors: 3,841 4,860
Cash at bank and in hand: 5,130 2,134
Total current assets: 8,971 6,994
Creditors
Creditors: amounts falling due within one year 28,552 26,607
Net current assets (liabilities): ( 19,581 ) ( 19,613 )
Total assets less current liabilities: 709 677
Total net assets (liabilities): 709 677

The notes form part of these financial statements

IF 7 LIMITED

Abbreviated Balance sheet
As at 31st March 2015
continued

Notes 2015
£		 2014
£
Capital and reserves
Called up share capital: 3 2 2
Profit and Loss account: 707 675
Total shareholders funds: 709 677

For the year ending 31 March 2015 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 28 December 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: M HART
Status: Director

The notes form part of these financial statements

IF 7 LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and in accordance with the FRSSE(2008).

    Turnover policy

    Turnover represents amounts derived from the provision of goods and servicesfalling within the companies ordinary activities, net of value added tax and discounts.

    Tangible fixed assets depreciation policy

    There are no tangible fixed assets.

    Intangible fixed assets amortisation policy

    Goodwill has not been amortised.

    Valuation information and policy

    Goodwill is represented at cost.

IF 7 LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2015

  • 2. Intangible assets

    Total
    Cost £
    At 01st April 2014: 20,290
    Additions: 0
    Disposals: 0
    20,290
    Amortisation £
    At 01st April 2014: 0
    At 31st March 2015: 0
    Net book value £
    At 31st March 2015: 20,290
    At 31st March 2014: 20,290

IF 7 LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    		2
    Total share capital: 2
    Current period 2015
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    		2
    Total share capital: 2