Int Construct Man Co (UK) - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02554235 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

INTERNATIONAL CONSTRUCTION MANAGEMENT

CONSULTANTS (UK) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Theo

Mrs M C Theo

SECRETARIES:

Lunhall Limited

C Theo

REGISTERED OFFICE:

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

02554235 (England and Wales)

ACCOUNTANTS:

David G Simon & Co Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Bussiness Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

2

8,978

2,398

Investments

3

12,958,015

12,958,015

12,966,993

12,960,413

CURRENT ASSETS

Debtors

267,735

151,852

Cash at bank and in hand

2,255

15,688

269,990

167,540

CREDITORS

Amounts falling due within one year

1,626,957

1,358,704

NET CURRENT LIABILITIES

(1,356,967

)

(1,191,164

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,610,026

11,769,249

CREDITORS

Amounts falling due after more than one year

13,016,454

13,016,454

NET LIABILITIES

(1,406,428

)

(1,247,205

)

CAPITAL AND RESERVES

Called up share capital

4

25,000

25,000

Profit and loss account

(1,431,428

)

(1,272,205

)

SHAREHOLDERS' FUNDS

(1,406,428

)

(1,247,205

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 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 Board of Directors on 9 July 2015 and were signed on its behalf by:

C Theo - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Going concern

The financial statements have been prepared on the going concern basis and the director, shareholders and related

companies, confirm their support and belief in the company's ability to continue as a going concern for a period of at

least twelve months from the date of approval of these financial statements.

Turnover

Turnover represents net invoiced sales 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

9,799

Additions

10,639

Disposals

(5,995

)

At 31 December 2014

14,443

DEPRECIATION

At 1 January 2014

7,401

Charge for year

2,992

Eliminated on disposal

(4,928

)

At 31 December 2014

5,465

NET BOOK VALUE

At 31 December 2014

8,978

At 31 December 2013

2,398

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

12,958,015

NET BOOK VALUE

At 31 December 2014

12,958,015

At 31 December 2013

12,958,015

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Intocast AG

Country of incorporation: Germany

Nature of business: Refractory products and casting auxiliaries

%

Class of shares:

holding

ordinary

69.00

31.12.14

31.12.13

£

£

Aggregate capital and reserves

30,583,725

30,797,038

Profit for the year

2,866,892

4,375,055

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

25,000

ordinary

£1

25,000

25,000