INFORMATION_EUROPE_LIMITE - Accounts


Company Registration No. 03700656 (England and Wales)
INFORMATION EUROPE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
INFORMATION EUROPE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
INFORMATION EUROPE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
188
237
Current assets
Debtors
250
-
Cash at bank and in hand
11,340
7,724
11,590
7,724
Creditors: amounts falling due within one year
(6,046)
(3,430)
Net current assets
5,544
4,294
Total assets less current liabilities
5,732
4,531
Provisions for liabilities
(38)
(47)
5,694
4,484
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
4,694
3,484
Shareholders'  funds
5,694
4,484
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 13 December 2016
Mr M A Bond
Director
Company Registration No. 03700656
INFORMATION EUROPE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
33.33% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2015
6,297
Additions
45
Disposals
(160)
At 31 March 2016
6,182
Depreciation
At 1 April 2015
6,060
On disposals
(160)
Charge for the year
94
At 31 March 2016
5,994
Net book value
At 31 March 2016
188
At 31 March 2015
237
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1,000Ordinary Shares of £1 each
1,000
1,000
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