Abbreviated Company Accounts - IFINGER LIMITED

Abbreviated Company Accounts - IFINGER LIMITED

IFINGER LIMITED - Company Information

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Registered Number 03907303

IFINGER LIMITED

Abbreviated Accounts

31 December 2013

IFINGER LIMITED Registered Number 03907303

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 30,632 11,356
Tangible assets 3 - -
30,632 11,356
Current assets
Debtors 106,062 75,632
Cash at bank and in hand 449,559 553,509
555,621 629,141
Creditors: amounts falling due within one year (190,770) (244,744)
Net current assets (liabilities) 364,851 384,397
Total assets less current liabilities 395,483 395,753
Total net assets (liabilities) 395,483 395,753
Capital and reserves
Called up share capital 122,711 122,711
Share premium account 3,338,276 3,338,276
Profit and loss account (3,065,504) (3,065,234)
Shareholders' funds 395,483 395,753
  • For the year ending 31 December 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 8 April 2014

And signed on their behalf by:
K Haga, Director

IFINGER LIMITED Registered Number 03907303

Notes to the Abbreviated Accounts for the period ended 31 December 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 comprises the invoiced value of good and services supplied by the company, net of value added tax and trade discounts.

2Intangible fixed assets
£
Cost
At 1 January 2013 641,873
Additions 21,417
Disposals -
Revaluations -
Transfers -
At 31 December 2013 663,290
Amortisation
At 1 January 2013 630,517
Charge for the year 2,141
On disposals -
At 31 December 2013 632,658
Net book values
At 31 December 2013 30,632
At 31 December 2012 11,356
3Tangible fixed assets
£
Cost
At 1 January 2013 3,632
Additions -
Disposals (3,632)
Revaluations -
Transfers -
At 31 December 2013 0
Depreciation
At 1 January 2013 3,632
Charge for the year -
On disposals (3,632)
At 31 December 2013 0
Net book values
At 31 December 2013 0
At 31 December 2012 0

Fixed assets were scrapped as obsolete.