Abbreviated Company Accounts - IMERGE CONSULTANCY LIMITED

IMERGE CONSULTANCY LIMITED - Company Information

02196412 IMERGE CONSULTANCY LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 02196412 2015-07-01 2016-06-30 02196412 2016-06-30 02196412 2015-06-30 02196412 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 02196412 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director3 2015-07-01 2016-06-30 uk-gaap-cd-bus:Director3 2016-06-30 uk-gaap-cd-bus:Director3 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 02196412

IMERGE CONSULTANCY LIMITED

Abbreviated Accounts

30 June 2016

IMERGE CONSULTANCY LIMITED Registered Number 02196412

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,928	1,886
		2,928	1,886
Current assets
Debtors		168,387	130,937
Cash at bank and in hand		13,376	15,890
		181,763	146,827
Creditors: amounts falling due within one year		(47,953)	(48,957)
Net current assets (liabilities)		133,810	97,870
Total assets less current liabilities		136,738	99,756
Provisions for liabilities		(586)	(377)
Total net assets (liabilities)		136,152	99,379
Capital and reserves
Called up share capital	3	2,100	2,100
Profit and loss account		134,052	97,279
Shareholders' funds		136,152	99,379

For the year ending 30 June 2016 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 January 2017

And signed on their behalf by:
J Cowper Smith, Director

IMERGE CONSULTANCY LIMITED Registered Number 02196412

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Plant and machinery 25% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the
recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred
taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the
periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 July 2015	4,725
Additions	2,018
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	6,743
Depreciation
At 1 July 2015	2,839
Charge for the year	976
On disposals	-
At 30 June 2016	3,815
Net book values
At 30 June 2016	2,928
At 30 June 2015	1,886

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2,100 Ordinary shares of £1 each	2,100	2,100

4Transactions with directors

Name of director receiving advance or credit:	J Cowper Smith
Description of the transaction:	Interest bearing loan repayable on demand
Balance at 1 July 2015:	£ 72,372
Advances or credits made:	£ 52,308
Advances or credits repaid:	-
Balance at 30 June 2016:	£ 124,680