Integral Management Group Resources Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04891410 (England and Wales)

Abbreviated Accounts for the Year Ended 31 July 2014

for

Integral Management Group Resources

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J A Carvallo-Quintana

S A Kaye

SECRETARY:

J A Carvallo-Quintana

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

04891410 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Tangible assets

2

557,798

340,425

CURRENT ASSETS

Debtors

-

390,093

Cash at bank

14

-

14

390,093

CREDITORS

Amounts falling due within one year

30,420

23,000

NET CURRENT (LIABILITIES)/ASSETS

(30,406

)

367,093

TOTAL ASSETS LESS CURRENT LIABILITIES

527,392

707,518

CREDITORS

Amounts falling due after more than one year

3

510,982

547,476

NET ASSETS

16,410

160,042

CAPITAL AND RESERVES

Called up share capital

4

31,998

999

Share premium

38,961

-

Revaluation reserve

219,972

-

Profit and loss account

(274,521

)

159,043

SHAREHOLDERS' FUNDS

16,410

160,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 April 2015 and were signed on its behalf by:

S A Kaye - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the future have occurred at

the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will be suitable

profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the financial

statements, which are capable of reversal in one or more subsequent periods.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 August 2013

387,531

Revaluations

219,972

At 31 July 2014

607,503

DEPRECIATION

At 1 August 2013

47,106

Charge for year

2,599

At 31 July 2014

49,705

NET BOOK VALUE

At 31 July 2014

557,798

At 31 July 2013

340,425

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.7.14

31.7.13

£

£

Repayable by instalments

510,982

547,476

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

999

Ordinary shares

£1

31,998

999

30,999 Ordinary shares shares of £1 each were allotted and fully paid for cash at par during the year.