HB International Executive Search Ltd - Limited company - abbreviated - 11.6
HB International Executive Search Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014 |
FOR |
INTERNATIONAL EXECUTIVE SEARCH LTD |
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Chartered Accountants' Report | 6 |
INTERNATIONAL EXECUTIVE SEARCH LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193) |
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investments | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year | 4 |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193) |
ABBREVIATED BALANCE SHEET - continued |
31 DECEMBER 2014 |
The financial statements were approved by the Board of Directors on by: |
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
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). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Going concern |
Where total liabilities exceed current assets the directors consider the ability of the company to continue to meet |
its liabilities from liquid assets as and when the liabilities fall due. The directors also consider the support given to |
the company by its creditors. If the directors are satisfied that the company can meet its liabilities as and when |
they fall due and that the company has sufficient support from its creditors, the accounts are prepared on a going |
concern basis. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
Additions |
At 31 December 2014 |
DEPRECIATION |
At 1 January 2014 |
Charge for year |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
3. | FIXED ASSET INVESTMENTS |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 80.00 |
£ | £ |
Aggregate capital and reserves | 56,782 | 131,706 |
(Loss)/profit for the year | (23,674 | ) | 316,272 |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 50.00 |
£ | £ |
Aggregate capital and reserves | (95,999 | ) | (112,804 | ) |
Profit/(loss) for the year | 16,805 | (56,207 | ) |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
£ | £ |
Aggregate capital and reserves | (6,801 | ) | (17,302 | ) |
Loss for the year/period | (6,901 | ) | (17,402 | ) |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Founder 1p | £0.01 |
Investor 1p | £0.01 |
1,900 | 1,900 |
6. | GOING CONCERN |
At the balance sheet date total liabilities exceed current assets by £203,936.The directors consider, however, that |
the company has sufficient liquid assets to meet its liabilities as and when they fall due and that the company has |
sufficient support from its creditors. Accordingly, the directors consider that it is appropriate to prepare the |
accounts on a going concern basis. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
INTERNATIONAL EXECUTIVE SEARCH LTD |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of International Executive Search Ltd for the year ended 31 December 2014 which comprise the |
Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of International Executive Search Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of International Executive Search Ltd and state those matters that we have agreed to state to the Board of Directors of International Executive Search Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that International Executive Search Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of International Executive Search Ltd. You consider that International Executive Search Ltd is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of International Executive |
Search Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information |
and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial |
statements. |
Chartered Accountants |
Date: ............................................. |