International Tank Container Org - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03253505 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

INTERNATIONAL TANK CONTAINER

ORGANIZATION

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

W Van Loon

C Mol

A Hubner

C B Sandler

H Clausen

A Vogelaar

C J Trett

B J Fiske

J E Koppen

R J Clarke

R M van Dijk

P T Harding

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

FIXED ASSETS

Tangible assets

2

2,989

3,986

CURRENT ASSETS

Debtors

28,257

8,663

Cash at bank

172,956

107,711

201,213

116,374

CREDITORS

Amounts falling due within one year

38,717

5,138

NET CURRENT ASSETS

162,496

111,236

TOTAL ASSETS LESS CURRENT LIABILITIES

165,485

115,222

RESERVES

Income and expenditure account

165,485

115,222

165,485

115,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 18 September 2014 and were signed on its behalf by:

B J Fiske - 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).

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 2013

and 31 December 2013

8,870

DEPRECIATION

At 1 January 2013

4,884

Charge for year

997

At 31 December 2013

5,881

NET BOOK VALUE

At 31 December 2013

2,989

At 31 December 2012

3,986

3.	SHARE CAPITAL

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

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 2013 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

18 September 2014