Abbreviated Company Accounts - INFOSPOT LIMITED

05288256 INFOSPOT LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 05288256 2012-12-01 2013-11-30 05288256 2013-11-30 05288256 2012-11-30 05288256 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 05288256 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 05288256

INFOSPOT LIMITED

Abbreviated Accounts

30 November 2013

INFOSPOT LIMITED Registered Number 05288256

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	19,379	29,069
Tangible assets	3	7,647	9,700
		27,026	38,769
Current assets
Debtors		84,973	25,128
Cash at bank and in hand		29,021	220,562
		113,994	245,690
Creditors: amounts falling due within one year		(74,350)	(42,587)
Net current assets (liabilities)		39,644	203,103
Total assets less current liabilities		66,670	241,872
Creditors: amounts falling due after more than one year		(103,448)	(480)
Total net assets (liabilities)		(36,778)	241,392
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(36,878)	241,292
Shareholders' funds		(36,778)	241,392

For the year ending 30 November 2013 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 18 September 2014

And signed on their behalf by:
C BLAGDEN, Director

INFOSPOT LIMITED Registered Number 05288256

Notes to the Abbreviated Accounts for the period ended 30 November 2013

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less the residual value of each asset over its expected useful life, as follows:
Computers - 33.33% straight line
Fixtures, fittings and equipment - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

2Intangible fixed assets

	£
Cost
At 1 December 2012	138,480
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	138,480
Amortisation
At 1 December 2012	109,411
Charge for the year	9,690
On disposals	-
At 30 November 2013	119,101
Net book values
At 30 November 2013	19,379
At 30 November 2012	29,069

3Tangible fixed assets

	£
Cost
At 1 December 2012	42,600
Additions	2,716
Disposals	(1,015)
Revaluations	-
Transfers	-
At 30 November 2013	44,301
Depreciation
At 1 December 2012	32,900
Charge for the year	4,293
On disposals	(539)
At 30 November 2013	36,654
Net book values
At 30 November 2013	7,647
At 30 November 2012	9,700

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	C Blagden
Description of the transaction:	Advances to directors
Balance at 1 December 2012:	£ 0
Advances or credits made:	£ 66,419
Advances or credits repaid:	£ 0
Balance at 30 November 2013:	£ 66,419

The director, C Blagden, had interest free loan during the year.