IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

IFM ENGAGE LTD. - Company Information

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IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Company Registration Number:
03486934 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2018

Period of accounts

Start date: 01 August 2017

End date: 31 July 2018

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2018

Balance sheet
Notes

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Balance sheet

As at 31 July 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 9,259 7,561
Total fixed assets: 9,259 7,561
Current assets
Debtors: 4 1,350,535 1,036,541
Cash at bank and in hand: 751,432 588,314
Total current assets: 2,101,967 1,624,855
Creditors: amounts falling due within one year: 5 (2,081,159) (1,605,099)
Net current assets (liabilities): 20,808 19,756
Total assets less current liabilities: 30,067 27,317
Creditors: amounts falling due after more than one year: 6 (14,388) (16,855)
Total net assets (liabilities): 15,679 10,462
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 15,677 10,460
Shareholders funds: 15,679 10,462

The notes form part of these financial statements

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Balance sheet statements

For the year ending 31 July 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 October 2018
and signed on behalf of the board by:

Name: Professor Timothy Minshall
Status: Director

The notes form part of these financial statements

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Employees

2018 2017
Average number of employees during the period 23 23

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Tangible Assets

Total
Cost £
At 01 August 2017 176,019
Additions 6,446
At 31 July 2018 182,465
Depreciation
At 01 August 2017 168,458
Charge for year 4,748
At 31 July 2018 173,206
Net book value
At 31 July 2018 9,259
At 31 July 2017 7,561

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

5. Creditors: amounts falling due within one year note

Amounts falling due within one year 2018 2017 Trade creditors 433395 167873Amounts owed to group undertakings 434913 386934Taxation and social security 107271 130331Other creditors 4139 6732Pension deficit recovery liability 3103 2900Accruals and deferred income 1098338 910329

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

6. Creditors: amounts falling due after more than one year note

2018 2017Pension deficit recovery liability 14388 16855

IFM EDUCATION AND CONSULTANCY SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

7. Related party transactions

Name of the related party: Andy Neely - Cambridge Performance Insights LLP
Relationship:
Director
Description of the Transaction: Normal transaction in the course of business - paid for consultancy work
£
Balance at 01 August 2017 27,057
Balance at 31 July 2018 5,400
Name of the related party: DrJagjit Singh Srai - Wolfcam Ltd
Relationship:
Director
Description of the Transaction: Normal transaction in course of business - paid for consultancy work
£
Balance at 01 August 2017 28,041
Balance at 31 July 2018 44,722
Name of the related party: Professor Timothy Minshall
Relationship:
Director
Description of the Transaction: Normal transaction in course of business - paid for consultancy work
£
Balance at 01 August 2017 2,066
Balance at 31 July 2018 2,544