Accounts filed on 31-07-2015

Accounts filed on 31-07-2015

INTERNATIONAL EDITIONS CO. LTD. - Company Information

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INTERNATIONAL EDITIONS CO. LTD.

Company Registration Number:
03411688 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2014

End date: 31 July 2015

INTERNATIONAL EDITIONS CO. LTD.

Abbreviated Balance sheet

As at 31 July 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 1,842 1,842
Total fixed assets: 1,842 1,842
Current assets
Stocks: 1,000 1,000
Cash at bank and in hand: 1,028 877
Total current assets: 2,028 1,877
Net current assets (liabilities): 2,028 1,877
Total assets less current liabilities: 3,870 3,719
Provision for liabilities: 0
Total net assets (liabilities): 3,870 3,719

The notes form part of these financial statements

INTERNATIONAL EDITIONS CO. LTD.

Balance sheet continued

As at 31 July 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 3,885 3,885
Profit and loss account: ( 15 ) ( 166 )
Shareholders funds: 3,870 3,719

For the year ending 31 July 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.

The financial statements were approved by the Board of Directors on 29 April 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Hui-Ping Wang
Status: Director

The notes form part of these financial statements

INTERNATIONAL EDITIONS CO. LTD.

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime - annual deprecation of computer equipment is 25% of cost

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads

INTERNATIONAL EDITIONS CO. LTD.

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 2. Tangible assets

    Total
    Cost £
    01 August 2014: 1,842
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2015: 1,842
    Depreciation
    01 August 2014: 0
    Charge for year: 0
    On disposals: 0
    Other adjustments: 0
    31 July 2015: 0
    Net book value
    31 July 2015: 1,842
    31 July 2014: 1,842

    The tangible assets are mainly classical imaging equipments.

INTERNATIONAL EDITIONS CO. LTD.

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 3,885 1.00 3,885
    Preference shares: 0
    Total share capital (£): 3,885
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 3,885 1.00 3,885
    Preference shares: 0
    Total share capital (£): 3,885