Abbreviated Company Accounts - THE INTEGRATION EXECUTIVE LIMITED

THE INTEGRATION EXECUTIVE LIMITED - Company Information

06591793 THE INTEGRATION EXECUTIVE LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 06591793 2015-06-01 2016-05-31 06591793 2016-05-31 06591793 2015-05-31 06591793 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 06591793 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 06591793

THE INTEGRATION EXECUTIVE LIMITED

Abbreviated Accounts

31 May 2016

THE INTEGRATION EXECUTIVE LIMITED Registered Number 06591793

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	369,066	174,052
Investments	3	3,400	3,400
		372,466	177,452
Current assets
Debtors		6,328	5,099
Cash at bank and in hand		44,605	138,207
		50,933	143,306
Creditors: amounts falling due within one year		(107,729)	(11,647)
Net current assets (liabilities)		(56,796)	131,659
Total assets less current liabilities		315,670	309,111
Total net assets (liabilities)		315,670	309,111
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		314,670	308,111
Shareholders' funds		315,670	309,111

For the year ending 31 May 2016 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 28 February 2017

And signed on their behalf by:
Mrs Z A Feeney, Director

THE INTEGRATION EXECUTIVE LIMITED Registered Number 06591793

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Motor vehicles - 25% per annum reducing balance

Other accounting policies
Investment Property

The company's properties are held for long term investment. Investment properties are accounted for in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), as follows:

No depreciation is provided in respect of investment properties and they are valued annually. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

The treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

2Tangible fixed assets

	£
Cost
At 1 June 2015	174,052
Additions	195,014
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	369,066
Depreciation
At 1 June 2015	-
Charge for the year	-
On disposals	-
At 31 May 2016	-
Net book values
At 31 May 2016	369,066
At 31 May 2015	174,052

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000