Expatriate Management Services Limited - Abbreviated accounts 16.3

Expatriate Management Services Limited - Abbreviated accounts 16.3

EXPATRIATE MANAGEMENT SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 04837506 (England and Wales)















EXPATRIATE MANAGEMENT SERVICES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE PERIOD 31 JULY 2015 TO 28 JULY 2016













EXPATRIATE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 04837506)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 31 JULY 2015 TO 28 JULY 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

EXPATRIATE MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 JULY 2015 TO 28 JULY 2016







DIRECTOR: P L Holland





SECRETARY: E K Holland





REGISTERED OFFICE: 2nd Floor
13 Austin Friars
London
EC2N 2HE





REGISTERED NUMBER: 04837506 (England and Wales)
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EXPATRIATE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 04837506)

ABBREVIATED BALANCE SHEET
28 JULY 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 42,104 64,536

CURRENT ASSETS
Debtors 486,756 412,635
Cash at bank and in hand 13,161 10,686
499,917 423,321
CREDITORS
Amounts falling due within one year 3 (371,217 ) (419,153 )
NET CURRENT ASSETS 128,700 4,168
TOTAL ASSETS LESS CURRENT
LIABILITIES
170,804
68,704

CREDITORS
Amounts falling due after more than one
year
(114,780
)
-
NET ASSETS 56,024 68,704

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 55,924 68,604
SHAREHOLDERS' FUNDS 56,024 68,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 July 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

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EXPATRIATE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 04837506)

ABBREVIATED BALANCE SHEET - continued
28 JULY 2016


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 director on 28 July 2017 and were signed by:





P L Holland - Director


The notes form part of these abbreviated accounts

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EXPATRIATE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 04837506)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 31 JULY 2015 TO 28 JULY 2016


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which is dependent on the
continued support of the company's director. The director has indicated his intention to provide
financial support for a period of not less than 12 months from the date of signing the accounts. On this
basis, the director considers it appropriate to prepare the financial statements on a going concern
basis. The financial statements do not include any adjustments that would result from a withdrawal of
such financial support.

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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company
qualifies as a small company.

Turnover
Turnover represents net invoiced sale of services, excluding value added tax.

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

Office furniture - Straight line over 5 years
Computer software - Straight line over 10 years
Computer equipment - Straight line over 3 years

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

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EXPATRIATE MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 04837506)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 31 JULY 2015 TO 28 JULY 2016


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 31 July 2015 231,372
Additions 2,768
At 28 July 2016 234,140
DEPRECIATION
At 31 July 2015 166,836
Charge for period 25,200
At 28 July 2016 192,036
NET BOOK VALUE
At 28 July 2016 42,104
At 30 July 2015 64,536

3. CREDITORS

Creditors include an amount of £ 17,548 (2015 - £ 136,582 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company made net payments of £8,300 (2015 - £56,536) to P L Holland and he
advanced the company £10,000 (2015 - £35,462). Interest has been charged at 3% on the average
balance owed to the company during the year, which amount to £1,925 (2015 - £2,378).

At the year end P L Holland owed the company £66,113 (2015 - £65,887).

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