Integral Management Group Resources Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04891410 (England and Wales)

Abbreviated Accounts for the Year Ended 31 July 2015

for

Integral Management Group Resources

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J A Carvallo-Quintana

S A Kaye

SECRETARY:

J A Carvallo-Quintana

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

04891410 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Tangible assets

2

555,848

557,798

CURRENT ASSETS

Cash at bank

-

14

CREDITORS

Amounts falling due within one year

(30,432

)

(30,420

)

NET CURRENT LIABILITIES

(30,432

)

(30,406

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

525,416

527,392

CREDITORS

Amounts falling due after more than one
year

3

(480,001

)

(510,982

)

NET ASSETS

45,415

16,410

CAPITAL AND RESERVES

Called up share capital

4

31,998

Share premium

38,961

Revaluation reserve

219,972

Profit and loss account

(245,516

)

(274,521

)

SHAREHOLDERS' FUNDS

45,415

16,410

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 April 2016 and were signed on its behalf by:

S A Kaye - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the

future have occurred at the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will

be suitable profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the

financial statements, which are capable of reversal in one or more subsequent periods.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 August 2014

and 31 July 2015

607,503

DEPRECIATION

At 1 August 2014

49,705

Charge for year

1,950

At 31 July 2015

51,655

NET BOOK VALUE

At 31 July 2015

555,848

At 31 July 2014

557,798

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.7.15

31.7.14

£

Repayable by instalments

480,001

510,982

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

999

Ordinary shares

£1

31,998