International Construction Design & Man - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02968387 (England and Wales)

INTERNATIONAL CONSTRUCTION DESIGN

AND MANAGEMENT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST OCTOBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Accountants' Report

6

DIRECTORS:

Mr P J Bowers

Mrs S Andrews

Mr P S Peters

Mr L Locke

SECRETARY:

Mrs S Andrews

REGISTERED OFFICE:

Viscount House

Birmingham International Airport

Birmingham

West Midlands

B26 3QJ

REGISTERED NUMBER:

02968387 (England and Wales)

ACCOUNTANTS:

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

BANKERS:

Handelsbanken

Birmingham Temple Row Branch

Third Floor

67 Temple Row

Birmingham

B2 5LS

FIXED ASSETS

Tangible assets

2

106,296

110,854

CURRENT ASSETS

Stocks

2,252

9,508

Debtors

438,231

361,689

Cash at bank

84,512

1,621

524,995

372,818

CREDITORS

Amounts falling due within one year

272,447

137,357

NET CURRENT ASSETS

252,548

235,461

TOTAL ASSETS LESS CURRENT LIABILITIES

358,844

346,315

CAPITAL AND RESERVES

Called up share capital

3

680

680

Capital redemption reserve

280

280

Profit and loss account

357,884

345,355

SHAREHOLDERS' FUNDS

358,844

346,315

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 24th April 2015 and were signed on its behalf by:

Mr P J Bowers - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold property

-

0% to 10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Office equipment

-

33% on reducing balance and over the lease term

No depreciation is provided on leasehold property. This treatment may be a departure from the requirements of the

Companies Act 2006 concerning depreciation of fixed assets, however, the company follows a program of regular

refurbishment and maintenance of its properties which includes the reinstatement of the fabric of the buildings where

necessary in order to maintain them to a high standard. Accordingly in the opinion of the directors any element of

depreciation would be immaterial and no provision has been made, as the residual value would be in excess of cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2013

186,026

Additions

1,209

At 31st October 2014

187,235

DEPRECIATION

At 1st November 2013

75,172

Charge for year

5,767

At 31st October 2014

80,939

NET BOOK VALUE

At 31st October 2014

106,296

At 31st October 2013

110,854

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

680

Ordinary

£1

680

680

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of International Construction Design and Management Limited for the year ended 31st October 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of International Construction Design and Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of International Construction Design and Management Limited and state those matters that we have agreed to state to the Board of Directors of International Construction Design and Management Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that International Construction Design and Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of International Construction Design and Management Limited. You consider that International Construction Design and Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of International Construction Design and

Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

24th April 2015