IGS Education & Coaching Consultancy Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09255336 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2017

for

IGS Education & Coaching Consultancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I C Gittens

Mrs S Gittens

REGISTERED OFFICE:

72a Top Station Road

Mow Cop

Stoke on Trent

Staffordshire

ST7 3NP

REGISTERED NUMBER:

09255336 (England and Wales)

ACCOUNTANTS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Tangible assets

4

-

206

CURRENT ASSETS

Debtors

5

700

8,310

Cash at bank

-

286

700

8,596

CREDITORS

Amounts falling due within one year

6

(1,180

)

(7,877

)

NET CURRENT (LIABILITIES)/ASSETS

(480

)

719

TOTAL ASSETS LESS CURRENT LIABILITIES

(480

)

925

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(482

)

923

SHAREHOLDERS' FUNDS

(480

)

925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 20 June 2018 and were signed on its behalf by:

Mr I C Gittens - Director

1.	STATUTORY INFORMATION

IGS Education & Coaching Consultancy Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

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 October 2017 are the first financial statements that comply

with FRS 102 Section 1A for small entities. The date of transition is 1 November 2015.

The transition to FRS 102 Section 1A for small entities has resulted in no changes to the financial statements.

Turnover

Turnover is recognised when the Company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

33% on cost

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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2016

and 31 October 2017

618

DEPRECIATION

At 1 November 2016

412

Charge for year

206

At 31 October 2017

618

NET BOOK VALUE

At 31 October 2017

-

At 31 October 2016

206

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

700

8,310

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans and overdrafts

50

-

Taxation and social security

-

2,363

Other creditors

1,130

5,514

1,180

7,877