International Tank Container Org - Limited company - abbreviated - 11.6

International Tank Container Org - Limited company - abbreviated - 11.6

INTERNATIONAL TANK CONTAINER ORGANIZATION - Company Information

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REGISTERED NUMBER: 03253505 (England and Wales)




















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

INTERNATIONAL TANK CONTAINER
ORGANIZATION

INTERNATIONAL TANK CONTAINER
ORGANIZATION (REGISTERED NUMBER: 03253505)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 4

INTERNATIONAL TANK CONTAINER
ORGANIZATION

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: W Van Loon
C Mol
A Hubner
C B Sandler
H Clausen
A Vogelaar
C J Trett
B J Fiske
J E Koppen
P T Harding
R J Clarke
R M van Dijk





SECRETARY: P Hicks





REGISTERED OFFICE: Harben House
Harben Parade
Finchley Road
London
NW3 6LH





REGISTERED NUMBER: 03253505 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH
Page 1
INTERNATIONAL TANK CONTAINER
ORGANIZATION (REGISTERED NUMBER: 03253505)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes €    €    €    €   
FIXED ASSETS
Tangible assets 2 5,663 2,989

CURRENT ASSETS
Debtors 71,190 28,257
Cash at bank 100,622 172,956
171,812 201,213
CREDITORS
Amounts falling due within one year 5,684 38,717
NET CURRENT ASSETS 166,128 162,496
TOTAL ASSETS LESS CURRENT
LIABILITIES
171,791
165,485

RESERVES
Income and expenditure account 171,791 165,485
171,791 165,485

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 29 October 2015 and were signed on its behalf by:





B J Fiske - Director


The notes form part of these abbreviated accounts

Page 2
INTERNATIONAL TANK CONTAINER
ORGANIZATION (REGISTERED NUMBER: 03253505)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014


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).

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

Fixtures and fittings - 25% on reducing balance

Foreign currencies
The company has chosen to represent its financial statements in Euros as the directors consider this more closely
reflects the trading activities of the business.

Transactions in foreign currencies are translated into Euros at the approximate rates ruling at the date of the
transaction. Monetary assets and liabilities denominated in other currencies are translated at the rate of exchange
ruling at the balance sheet date. Any differences arising are charged or credited to the income and expenditure
account.

2. TANGIBLE FIXED ASSETS
Total
€   
COST
At 1 January 2014 8,870
Additions 4,561
At 31 December 2014 13,431
DEPRECIATION
At 1 January 2014 5,881
Charge for year 1,887
At 31 December 2014 7,768
NET BOOK VALUE
At 31 December 2014 5,663
At 31 December 2013 2,989

3. SHARE CAPITAL

The company is limited by guarantee and does not have a share capital.

Page 3
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
INTERNATIONAL TANK CONTAINER
ORGANIZATION


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 three) 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 Tank Container Organization for the year ended 31 December 2014 which comprise
the Income and Expenditure 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 Tank Container Organization, 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 Tank Container Organization and state those matters that we have agreed to state to the Board of Directors of International Tank Container Organization, 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 Tank Container Organization 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 Tank Container Organization. You consider that International Tank Container Organization 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 Tank Container
Organization. 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.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


30 October 2015

This page does not form part of the abbreviated accounts

Page 4