Infinity (Edinburgh) Limited - Period Ending 2014-04-30

Registration number: SC200297

Infinity (Edinburgh) Limited

Unaudited Abbreviated Accounts

for the Period from 1 January 2013 to 30 April 2014

 

Infinity (Edinburgh) Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Infinity (Edinburgh) Limited
(Registration number: SC200297)
Abbreviated Balance Sheet at 30 April 2014

		Note			30 April 2014 £			31 December 2012 £
Fixed assets
Tangible fixed assets					300,000			371,463
Current assets
Cash at bank and in hand					15			11
Creditors: Amounts falling due within one year					(53,593)			(64,724)
Net current liabilities					(53,578)			(64,713)
Total assets less current liabilities					246,422			306,750
Creditors: Amounts falling due after more than one year					(101,898)			(121,653)
Net assets					144,524			185,097
Capital and reserves
Called up share capital		3			90			90
Revaluation reserve					149,352			220,815
Profit and loss account					(4,918)			(35,808)
Shareholders' funds					144,524			185,097

For the year ending 30 April 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 director acknowledges her 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 director on 1 December 2014

.........................................
Mrs A E Henderson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Infinity (Edinburgh) Limited
Notes to the Abbreviated Accounts for the Period from 1 January 2013 to 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

Turnover represents gross rental income.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2013		459,363			459,363
Revaluations		(150,000)			(150,000)
At 30 April 2014		309,363			309,363
Depreciation
At 1 January 2013		87,900			87,900
Writeback to recoverable amount		(78,537)			(78,537)
At 30 April 2014		9,363			9,363
Net book value
At 30 April 2014		300,000			300,000
At 31 December 2012		371,463			371,463

3	Share capital

Allotted, called up and fully paid shares

	30 April 2014						31 December 2012
		No.			£			No.			£
Ordinary of £1 each		90			90			90			90

Page 2

Infinity (Edinburgh) Limited
Notes to the Abbreviated Accounts for the Period from 1 January 2013 to 30 April 2014
......... continued

4	Related party transactions

Other related party transactions

During the period the company made the following related party transactions:

Robert Anthony Jewellers ( Mr D Henderson and Mrs A Henderson were partners in Robert Anthony Jewellers during the period ) During the period, Robert Anthony Jewellers operated a loan account with the company. Robert Anthony Jewellers charged Infinity (Edinburgh) Limited £0 (2012 - £14,720) management charges for the period. Rental income received from Robert Anthony Jewellers in the period was £35,800 (2012, £17,400) . At the balance sheet date the amount due to Robert Anthony Jewellers was £33,360 ( 2012 - £45,960 ) . There are no repayment terms and no interest is due on the balance.

5

Control

The company is controlled by Mrs A Henderson.

Page 3