Range Infinity Ltd - Abbreviated accounts

Range Infinity Ltd - Abbreviated accounts


Registered number
08645742
Range Infinity Ltd
Abbreviated Accounts
31 August 2015
Range Infinity Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Range Infinity Ltd for the year ended 31 August 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Range Infinity Ltd for the year ended 31 August 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Company’s directors, as a body, in accordance with our current Terms of Business. Our work has been undertaken solely to prepare for your approval the accounts of Range Infinity Ltd and state those matters that we have agreed to state to the Board of Directors of Range Infinity Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Range Infinity Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Range Infinity Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Range Infinity Ltd. You consider that Range Infinity Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Range Infinity Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.
Intouch Accounting Limited
Chartered Accountants
Everdene House
Deansleigh Road
Bournemouth
Dorset
BH7 7DU
25 May 2016
Range Infinity Ltd
Registered number: 08645742
Abbreviated Balance Sheet
as at 31 August 2015
Notes 2015 2014
£ £
Current assets
Work in progress 12,799 -
Debtors 8,456 11,516
Cash at bank and in hand 22,600 6,580
43,855 18,096
Creditors: amounts falling due within one year (22,544) (13,583)
Net current assets 21,311 4,513
Net assets 21,311 4,513
Capital and reserves
Called up share capital 2 1,000 1,000
Profit and loss account 20,311 3,513
Shareholders' funds 21,311 4,513
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
S Gillani
Director
Approved by the board on 25 May 2016
Range Infinity Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2015
1 Accounting policies
Basis of preparation
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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Work in progress
Work in progress is valued at the lower of cost and net realisable value. Long term work in progress on service contracts extending beyond one accounting period is valued at net realisable value only where the right to consideration arises during the accounting period.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1,000 1,000 1,000
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