IT 4 Business Consulting Ltd - Accounts to registrar - small 17.2

IT 4 Business Consulting Ltd - Accounts to registrar - small 17.2

IT 4 BUSINESS CONSULTING LTD - Company Information

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IRIS Accounts Production v17.2.1.52 09243222 director 1.1.16 31.12.16 31.12.16 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure092432222015-12-31092432222016-12-31092432222016-01-012016-12-31092432222014-09-30092432222014-10-012015-12-31092432222015-12-3109243222ns14:Euro2016-01-012016-12-3109243222ns10:Director12016-01-012016-12-3109243222ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3109243222ns10:SmallEntities2016-01-012016-12-3109243222ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3109243222ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3109243222ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3109243222ns10:FullAccounts2016-01-012016-12-3109243222ns10:OrdinaryShareClass12016-01-012016-12-3109243222ns10:RegisteredOffice2016-01-012016-12-3109243222ns5:CurrentFinancialInstruments2016-12-3109243222ns5:CurrentFinancialInstruments2015-12-3109243222ns5:ShareCapital2016-12-3109243222ns5:ShareCapital2015-12-3109243222ns5:RetainedEarningsAccumulatedLosses2016-12-3109243222ns5:RetainedEarningsAccumulatedLosses2015-12-3109243222ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3109243222ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-3109243222ns10:OrdinaryShareClass12016-12-3109243222ns5:RetainedEarningsAccumulatedLosses2015-12-3109243222ns5:RetainedEarningsAccumulatedLosses2016-01-012016-12-31


REGISTERED NUMBER: 09243222














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

IT 4 BUSINESS CONSULTING LTD

IT 4 BUSINESS CONSULTING LTD (REGISTERED NUMBER: 09243222)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


IT 4 BUSINESS CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: Ms P A Petrou AICB CB.Cert PM





REGISTERED OFFICE: c/o Michael Filiou Plc
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 09243222





ACCOUNTANTS: Michael Filiou Plc
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS
Page 1
IT 4 BUSINESS CONSULTING LTD (REGISTERED NUMBER: 09243222)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

2016 2015
Notes €    €   
CURRENT ASSETS
Debtors 3 6,230 22,477
Cash at bank and in hand 25,752 5,555
31,982 28,032
CREDITORS
Amounts falling due within one year 4 12,775 9,519
NET CURRENT ASSETS 19,207 18,513
TOTAL ASSETS LESS CURRENT
LIABILITIES
19,207
18,513

CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Retained earnings 6 18,207 17,513
SHAREHOLDERS' FUNDS 19,207 18,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 August 2017 and were signed by:





Ms P A Petrou AICB CB.Cert PM - Director


The notes form part of these financial statements

Page 2
IT 4 BUSINESS CONSULTING LTD (REGISTERED NUMBER: 09243222)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

IT 4 Business Consulting Ltd is a private company, limited by shares , registered in Not specified/Other. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Euro (€).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 December 2016 are the first financial statements IT 4 Business
Consulting Limited that comply with the provisions of Section 1A of FRS 102. The date of transition to FRS 102
is 1 October 2014.

The financial statements have been prepared in EUR. The values have been converted at an exchange rate of
1.0000 GBP = 1.1715 EUR.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

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

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
€    €   
Trade debtors 6,230 20,495
Prepayments - 1,982
6,230 22,477

Page 3 continued...
IT 4 BUSINESS CONSULTING LTD (REGISTERED NUMBER: 09243222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
€    €   
Trade creditors 2,640 2,641
Corporation tax 4,597 4,378
Other creditors 238 100
Accrued expenses 5,300 2,400
12,775 9,519

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: €    €   
1,000 Ordinary shares €1 1,000 1,000

6. RESERVES
Retained
earnings
€   

At 1 January 2016 17,513
Profit for the year 13,194
Dividends (12,500 )
At 31 December 2016 18,207

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Luca Masato, who owns 100% of issued share capital of the company.

Page 4