INITIATIVE TRADE SERVICES LIMITED Accounts filed on 31-12-2014

INITIATIVE TRADE SERVICES LIMITED - Company Information

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INITIATIVE TRADE SERVICES LIMITED

Company Registration Number:
06927226 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st January 2014

End date: 31st December 2014

SUBMITTED

Company Information
for the Period Ended 31st December 2014

Director:		Martin Betts
		Caroline Betts






Registered office:		Holly House 10b Ayloffs Walk
		Emerson Park

		Hornchurch
		Essex
		RM11 2RJ




Company Registration Number:		06927226 (England and Wales)

Abbreviated Balance sheet
As at 31st December 2014

	2014 £	2013 £
Current assets
Cash at bank and in hand:	64,564	25,487
Total current assets:	64,564	25,487
Creditors
Creditors: amounts falling due within one year	27,083	22,696
Net current assets (liabilities):	37,481	2,791
Total assets less current liabilities:	37,481	2,791
Total net assets (liabilities):	37,481	2,791

The notes form part of these financial statements

Abbreviated Balance sheet
As at 31st December 2014
continued

	Notes	2014 £	2013 £
Capital and reserves
Called up share capital:	2	2	2
Profit and Loss account:		37,479	2,789
Total shareholders funds:		37,481	2,791

For the year ending 31 December 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 24 September 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Martin Betts
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 31st December 2014

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy

Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes except to the extent that the directors consider that a liability to taxation is unlikely to materialise.

Notes to the Abbreviated Accounts
for the Period Ended 31st December 2014

2. Called up share capital

Allotted, called up and paid

Previous period			2013
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	2	1.00 1.00	2
Total share capital:			2

Current period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	2	1.00 1.00	2
Total share capital:			2

INITIATIVE TRADE SERVICES LIMITED Accounts filed on 31-12-2014