THE_ICT_BUREAU_LTD - Accounts

THE ICT BUREAU LTD - Company Information

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Company Registration No. 06801571 (England and Wales)

THE ICT BUREAU LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2014

THE ICT BUREAU LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

THE ICT BUREAU LTD

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

35,000

Current assets

Debtors

23,077

73,716

Cash at bank and in hand

21,779

10,633

44,856

84,349

Creditors: amounts falling due within one year

(89,140)

(118,501)

Net current liabilities

(44,284)

(34,152)

Total assets less current liabilities

(9,284)

848

Capital and reserves

Called up share capital

100

Profit and loss account

(9,384)

748

Shareholders' funds

(9,284)

848

For the financial year ended 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 26 February 2015

Mr J.F. Dunster

Director

Company Registration No. 06801571

THE ICT BUREAU LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company is dependent upon the continued support of the director and certain creditors. It is the director's opinion that this support will continue for the foreseeable future, and it is on this basis, that the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of such support. In the opinion of the director, preparing the accounts on a going concern basis will not produce a substantially different result to preparing them on a break-up basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Research and development

Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same way unless the director are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period during which the company is expected to benefit.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Intangible assets

Cost

At 1 July 2013 & at 30 June 2014

35,000

At 30 June 2013

35,000

Share capital

2014

2013

Allotted, called up and fully paid

50 Ordinary shares of £1 each

50 A Ordinary shares of £1 each

100