Abbreviated Company Accounts - INTERFIN LIMITED
Abbreviated Company Accounts - INTERFIN LIMITED
Registered Number 03644121
INTERFIN LIMITED
Abbreviated Accounts
31 December 2013
INTERFIN LIMITED Registered Number 03644121
Abbreviated Balance Sheet as at 31 December 2013
| Notes | 2013 | 2012 | |
|---|---|---|---|
| € | € | ||
| Fixed assets | |||
| Investments | 2 |
|
|
|
|
|||
| Current assets | |||
| Cash at bank and in hand |
|
|
|
|
|
|
||
| Creditors: amounts falling due within one year |
( |
( |
|
| Net current assets (liabilities) |
( |
( |
|
| Total assets less current liabilities |
( |
( |
|
| Total net assets (liabilities) |
( |
( |
|
| Capital and reserves | |||
| Called up share capital | 3 |
|
|
| Profit and loss account |
( |
( |
|
| Shareholders' funds |
( |
( |
|
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
And signed on their behalf by:
INTERFIN LIMITED Registered Number 03644121
Notes to the Abbreviated Accounts for the period ended 31 December 2013
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention.
Financial reporting standard number 1:
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.
Compliance with accounting standards:
The financial statements are prepared in accordance with applicable United Kingdom Accoutning Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Deferred tax:
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Foreign currencies:
Assets and liabilities in foreign currencies are translated into euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Going concern:
The financial statements are prepared on the basis of going concern, which assumes that the company will be in operational existence for a foreseeable future. This depends upon the continued support of the shareholders. The financial statements do not include any adjustments that would result if such support is withdrawn.
Investments:
Fixed asset investments are stated at cost less provision for diminition in value.
Other accounting policies
The directors are unable to identify the ultimate controlling party or any related party transactions.
2Fixed assets Investments
Cost at 1 January 2013 and 31 December 2013: € 2,000,000
Net book value at 31 December 2013: € 2,000,000
Net book value at 31 December 2012: € 2,000,000
The company's investments at the balance sheet date in the share capital of companies include the following:
Siguria SH.A
Country of incorporation: Serbia
Class of shares: Ordinary
Holding: 49 %
No other information available.