Imago Transformation Services Limited Small abbreviated accounts

IMAGO TRANSFORMATION SERVICES LTD - Company Information

FY Private Limited Company Company accounts 2017-08-22 2017-08-22 false false false false false false false false false false false false true true Imago Transformation Services Limited 07857994 2016-11-30 2015-12-01 true xbrli:pure xbrli:shares iso4217:GBP 07857994 2015-12-01 2016-11-30 07857994 2016-11-30 07857994 2014-12-01 2015-11-30 07857994 2015-11-30 07857994 uk-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 07857994 uk-bus:OrdinaryShareClass2 2015-12-01 2016-11-30 07857994 uk-bus:Director1 2015-12-01 2016-11-30 07857994 uk-gaap:AllSubsidiaries 2015-12-01 2016-11-30 07857994 uk-bus:OrdinaryShareClass1 2016-11-30 07857994 uk-bus:OrdinaryShareClass1 2015-11-30 07857994 uk-bus:OrdinaryShareClass2 2016-11-30 07857994 uk-bus:OrdinaryShareClass2 2015-11-30 07857994 uk-lang:English 2015-12-01 2016-11-30 07857994 uk-curr:PoundSterling 2015-12-01 2016-11-30

COMPANY REGISTRATION NUMBER 07857994

IMAGO

TRANSFORMATION

SERVICES LIMITED

Unaudited

Abbreviated Accounts

30 November 2016

IMAGO TRANSFORMATION SERVICES LIMITED

Abbreviated Balance Sheet

30 November 2016

	2016	2015
Note	£	£

CURRENT ASSETS

Cash at bank and in hand	201	201
	----	----
TOTAL ASSETS	201	201
	----	----

CAPITAL AND RESERVES

Called up equity share capital	2	201	201
		----	----
SHAREHOLDERS' FUNDS		201	201
		----	----

For the year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These abbreviated accounts were approved by the directors and authorised for issue on 20 August 2017 , and are signed on their behalf by:

Mr N A Roberts

Company Registration Number: 07857994

IMAGO TRANSFORMATION SERVICES LIMITED

Notes to the Abbreviated Accounts

Year Ended 30 November 2016

1. ACCOUNTING POLICIES

Basis of accounting

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).

Deferred taxation

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 have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2. SHARE CAPITAL

Allotted, called up and fully paid:

	2016		2015
	No	£	No	£
A ordinary shares shares of £ 1 each	200	200	200	200
B ordinary shares shares of £ 1 each	1	1	1	1
	----	----	----	----
	201	201	201	201
	----	----	----	----

3. ULTIMATE PARENT COMPANY

The company is a subsidiary of Imago Consulting Limited, a company incorporated in England and Wales.