Abbreviated Company Accounts - I-360 ATTRACTIONS LTD

I-360 ATTRACTIONS LTD - Company Information

08113144 I-360 ATTRACTIONS LTD 2015-05-31 false 2014-06-01 2015-05-31 true 08113144 2014-06-01 2015-05-31 08113144 2015-05-31 08113144 2014-05-31 08113144 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 08113144 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 08113144

I-360 ATTRACTIONS LTD

Abbreviated Accounts

31 May 2015

I-360 ATTRACTIONS LTD Registered Number 08113144

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	2	-
		2	-
Current assets
Debtors		1,094,797	2
		1,094,797	2
Creditors: amounts falling due within one year		(2)	0
Net current assets (liabilities)		1,094,795	2
Total assets less current liabilities		1,094,797	2
Total net assets (liabilities)		1,094,797	2
Capital and reserves
Called up share capital	3	1,000,002	2
Profit and loss account		94,795	-
Shareholders' funds		1,094,797	2

For the year ending 31 May 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.

Approved by the Board on 23 February 2016

And signed on their behalf by:
D J Marks, Director

I-360 ATTRACTIONS LTD Registered Number 08113144

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Other accounting policies
Fixed asset investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Fixed assets Investments
Cost
£
Additions
2
At 31 May 2015
2

Depreciation
At 31 May 2015
-

Net book value
At 31 May 2015
2

Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Subsidiary undertakings
Brighton i-360 Holdings Limited

Holding
Ordinary shares

Proportion of voting rights and shares held
100%

Principal activity
intermediate holding company

The loss for the financial period of Brighton i-360 Holdings Limited was £12,166 and the aggregate amount of capital and reserves at the end of the period was (£11,966).

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000,002 Ordinary shares of £1 each (2 shares for 2014)	1,000,002	2

New shares allotted
1,000,000 Ordinary shares having an aggregate nominal value of £1 were allotted for an aggregate consideration of £1 each, 350,000 on 16th June 2014 and a further 650,000 on 18th June 2014.