Leriba Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08458530 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

LERIBA CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Clayton

B D Mseteka

H R P O'Donovan

S P Theobald

SECRETARY:

H R P O'Donovan

REGISTERED OFFICE:

15 Hatton Wall

London

EC1N 8JE

REGISTERED NUMBER:

08458530 (England and Wales)

FIXED ASSETS

Tangible assets

2

866

1,489

CURRENT ASSETS

Debtors

7,440

8,486

Cash at bank

18,817

5,776

26,257

14,262

CREDITORS

Amounts falling due within one year

12,571

7,868

NET CURRENT ASSETS

13,686

6,394

TOTAL ASSETS LESS CURRENT LIABILITIES

14,552

7,883

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

13,552

6,883

SHAREHOLDERS' FUNDS

14,552

7,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 26 December 2015 and were signed on its behalf by:

S P Theobald - 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 sales of financial and political analysis consultancy services, excluding value added tax, performed in

the year.

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 cost

Computer equipment

-

33% on cost

Deferred tax

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

1,942

DEPRECIATION

At 1 April 2014

453

Charge for year

623

At 31 March 2015

1,076

NET BOOK VALUE

At 31 March 2015

866

At 31 March 2014

1,489

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2015, B Mseteka had loaned the company £73 (2014 - £73). There is no interest running and it is repayable

on demand. The outstanding balance is included in Directors' loan accounts.

During the year B Mseteka invoiced the company £7,026 (2014 - £4,352) for professional fees. The balance outstanding as

at 31 March 2015 was £nil (2014 - £nil).

During the year the company invoiced H O'Donovan £nil (2014 - £6,800) for office rent. The balance outstanding as at 31

March 2015 was £nil (2014 - £1,020). The outstanding balance is included in Trade debtors.

During the year H O'Donovan invoiced the company £nil (2014 - £1,150) for professional fees. The balance outstanding as

at 31 March 2015 was £nil (2014 - £nil).

During the year H O'Donnovan loaned the company £435 (2014 - £nil). The balance outstanding as at 31 March 2015 was

£435 (2014 - £nil). The outstanding amount is included in Directors' loan accounts.

During the year Blackberry Enterprises Limited, a company in which H O'Donovan has an interest, invoiced the company

£4,630 (2014 - £nil) for professional fees. The balance outstanding as at 31 March 2015 was £1,016l (2014 - £nil). The

outstanding amount is included in Trade creditors.

During the year J Clayton invoiced the company £7,026 (2014- £3,166) for professional fees. The balance outstanding as

at 31 March 2015 was £nil (2014 -(£nil).

During the year Intellidex UK Limited, a company in which S Theobald is a Director, invoiced the company £11,242 (2014

- £4,574) for professional fees. The balance outstanding as at 31 March 2015 was £nil (2014 - £nil).

During the year Intellidex UK Limited loaned the company £2,538 (2014 - £nil). The balance outstanding as at 31 March

2015 was £2,538 (2014 - £nil). The outstanding amount is included in Other creditors.

During the year Intellidex SA, a company in which S Theobald is a Director, invoiced the company £nil (2014 - £2,500) for

professional fees. The balance outstanding as at 31 March 2015 was £nil (2014 - £nil).

5.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.