Ipswich Central Management Limited - Abbreviated accounts 16.1
Ipswich Central Management Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| IPSWICH CENTRAL MANAGEMENT LIMITED |
| IPSWICH CENTRAL MANAGEMENT LIMITED (REGISTERED NUMBER: 05339846) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| IPSWICH CENTRAL MANAGEMENT LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| IPSWICH CENTRAL MANAGEMENT LIMITED (REGISTERED NUMBER: 05339846) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Income and expenditure account |
| 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. |
| IPSWICH CENTRAL MANAGEMENT LIMITED (REGISTERED NUMBER: 05339846) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2016 |
| The financial statements were approved by the Board of Directors on behalf by: |
| IPSWICH CENTRAL MANAGEMENT LIMITED (REGISTERED NUMBER: 05339846) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced value of services supplied by the company, excluding value added |
| tax. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Government grants |
| Government grants in respect of revenue expenditure are credited to the profit and loss account in the |
| period to which they are receivable. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| IPSWICH CENTRAL MANAGEMENT LIMITED (REGISTERED NUMBER: 05339846) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 3. | RELATED PARTY DISCLOSURES |
| Central Management Solutions Ltd |
| A company in which Mr Clement and Mrs Wright are directors. |
| Management charges to the value of £128,236 (£111,297 in 2015) were paid during the year. |
| B BIDS Limited |
| A company in which Mr Clement and Mrs Wright are directors. |
| Membership and associated costs to the value of £1,500 (£3,060 in 2015) were paid during the year. |
| Yoohopp Limited |
| A company in which Mr Clement and Mrs Wright are directors. |
| A licence fee being the internet costs relating to the Click and Collect service, was paid during the |
| year totalling £25,000. |