i2 Global Limited - Limited company - abbreviated - 11.9
i2 Global Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015 |
| FOR |
| I2 GLOBAL LIMITED |
| I2 GLOBAL LIMITED (REGISTERED NUMBER: 03775442) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| For The Year Ended 31 May 2015 |
| Page |
| Company Information | 1 |
| Chartered Certified Accountants' Report | 3 |
| Abbreviated Balance Sheet | 4 |
| Notes to the Abbreviated Accounts | 6 |
| I2 GLOBAL LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 May 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| BANKERS: |
| I2 GLOBAL LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 31 May 2015 |
| SOLICITORS: |
| CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| I2 GLOBAL LIMITED |
| 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 four to seven) 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 i2 Global Limited for the year ended 31 May 2015 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the Board of Directors of i2 Global 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 i2 Global Limited and state those matters that we have agreed to state to the Board of Directors of i2 Global Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 i2 Global 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 i2 Global Limited. You consider that i2 Global 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 i2 Global |
| 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. |
| Chartered Certified Accountants |
| 30 October 2015 |
| I2 GLOBAL LIMITED (REGISTERED NUMBER: 03775442) |
| ABBREVIATED BALANCE SHEET |
| 31 May 2015 |
| 31/5/15 | 31/5/14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| I2 GLOBAL LIMITED (REGISTERED NUMBER: 03775442) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 May 2015 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| I2 GLOBAL LIMITED (REGISTERED NUMBER: 03775442) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| For The Year Ended 31 May 2015 |
| 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 the net invoiced value of goods and services provided excluding value added |
| tax, except in respect of service contracts where turnover is recognised when the company obtains |
| the right to consideration. |
| Patents |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 May 2015 |
| AMORTISATION |
| Amortisation for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| I2 GLOBAL LIMITED (REGISTERED NUMBER: 03775442) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| For The Year Ended 31 May 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| and 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Charge for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/5/15 | 31/5/14 |
| value: | £ | £ |
| ordinary | £1 |
| 6. | TRANSACTIONS WITH DIRECTORS |
| Holme Computer Services (UK) Limited, a company registered in England and Wales (number |
| 03771229) is under the control of Mr I Wolstenholme. The company both provided and received |
| goods and services during the year at normal commercial rates and with a net retail value, excluding |
| value added tax, of £2,859 (2014, £150). At the year-end date a net balance, including value added |
| tax, of £91 was owed to the company (2014, £246 owed by the company). |