Abbreviated Company Accounts - INSURANCE & INVESTMENT SOLUTIONS LIMITED

Abbreviated Company Accounts - INSURANCE & INVESTMENT SOLUTIONS LIMITED


Registered Number 06251167

INSURANCE & INVESTMENT SOLUTIONS LIMITED

Abbreviated Accounts

31 May 2014

INSURANCE & INVESTMENT SOLUTIONS LIMITED Registered Number 06251167

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
Fixed assets
Tangible assets 2 5,016 6,270
5,016 6,270
Current assets
Debtors 9,679 7,752
Cash at bank and in hand 11,607,823 11,449,931
11,617,502 11,457,683
Creditors: amounts falling due within one year (41,650) (34,100)
Net current assets (liabilities) 11,575,852 11,423,583
Total assets less current liabilities 11,580,868 11,429,853
Total net assets (liabilities) 11,580,868 11,429,853
Capital and reserves
Called up share capital 11,300,000 11,300,000
Profit and loss account 280,868 129,853
Shareholders' funds 11,580,868 11,429,853
  • For the year ending 31 May 2014 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 30 September 2014

And signed on their behalf by:
C Chianese, Director

INSURANCE & INVESTMENT SOLUTIONS LIMITED Registered Number 06251167

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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
In the normal course of business

Tangible assets depreciation policy
20% plant reducing balance

2Tangible fixed assets
Cost
At 1 June 2013 7,837
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 7,837
Depreciation
At 1 June 2013 1,567
Charge for the year 1,254
On disposals -
At 31 May 2014 2,821
Net book values
At 31 May 2014 5,016
At 31 May 2013 6,270