Abbreviated Company Accounts - IHOTELS ALLIANCE LIMITED

IHOTELS ALLIANCE LIMITED - Company Information

07606011 IHOTELS ALLIANCE LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 07606011 2014-05-01 2015-04-30 07606011 2015-04-30 07606011 2014-04-30 07606011 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 07606011 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:Director3 2014-05-01 2015-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 07606011

IHOTELS ALLIANCE LIMITED

Abbreviated Accounts

30 April 2015

IHOTELS ALLIANCE LIMITED Registered Number 07606011

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		8,703	7,100
Cash at bank and in hand		43,374	26,933
		52,077	34,033
Creditors: amounts falling due within one year	2	(6,376)	(2,768)
Net current assets (liabilities)		45,701	31,265
Total assets less current liabilities		45,701	31,265
Creditors: amounts falling due after more than one year	2	(8,000)	(8,000)
Total net assets (liabilities)		37,701	23,265
Capital and reserves
Called up share capital	3	5,300	5,300
Profit and loss account		32,401	17,965
Shareholders' funds		37,701	23,265

For the year ending 30 April 2015 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.

Approved by the Board on 30 January 2016

And signed on their behalf by:
A Jamani, Director

IHOTELS ALLIANCE LIMITED Registered Number 07606011

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with applicable UK accounting standards. The company has taken advantage of the exemption in Financial Reporting Standard NO 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover is recognised at the fair value of the consideration received or receivable for sale of goods and services on the ordinary nature of the business. Turnover is shown net of Value Added Tax of goods and services provided to customers.

Other accounting policies
Financial instruments are classified and accounted for according to the substance of the contractual arrangements as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidence a residual interest in the assets of the company after deducting all its liabilities.

2Creditors

	2015 £	2014 £
Secured Debts	8,000	8,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
53 Ordinary shares of £100 each	5,300	5,300

4Transactions with directors

Name of director receiving advance or credit:	A Jamani and S Jivraj
Description of the transaction:	Creditors
Balance at 1 May 2014:	£ 4,000
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 30 April 2015:	£ 4,000

At the year ended 30 April 2015, A Jamani was owed £2,000 (2014 £2,000) and S Jivraj was owed £2,000 (2014 £2,000) as a result of loans to the company. No interest is charged on these amounts.