International Executive Search Ltd - Accounts to registrar - small 17.2

International Executive Search Ltd - Accounts to registrar - small 17.2

INTERNATIONAL EXECUTIVE SEARCH LIMITED - Company Information

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IRIS Accounts Production v17.2.1.52 06243193 director 1.1.16 31.12.16 31.12.16 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure062431932015-12-31062431932016-12-31062431932016-01-012016-12-31062431932014-12-31062431932015-01-012015-12-31062431932015-12-3106243193ns15:EnglandWales2016-01-012016-12-3106243193ns14:PoundSterling2016-01-012016-12-3106243193ns10:Director12016-01-012016-12-3106243193ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3106243193ns10:SmallEntities2016-01-012016-12-3106243193ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3106243193ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3106243193ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3106243193ns10:FullAccounts2016-01-012016-12-3106243193ns10:RegisteredOffice2016-01-012016-12-3106243193ns5:CurrentFinancialInstruments2016-12-3106243193ns5:CurrentFinancialInstruments2015-12-3106243193ns5:ShareCapital2016-12-3106243193ns5:ShareCapital2015-12-3106243193ns5:RetainedEarningsAccumulatedLosses2016-12-3106243193ns5:RetainedEarningsAccumulatedLosses2015-12-3106243193ns5:FurnitureFittings2016-01-012016-12-3106243193ns5:ComputerEquipment2016-01-012016-12-3106243193ns5:FurnitureFittings2015-12-3106243193ns5:ComputerEquipment2015-12-3106243193ns5:FurnitureFittings2016-12-3106243193ns5:ComputerEquipment2016-12-3106243193ns5:FurnitureFittings2015-12-3106243193ns5:ComputerEquipment2015-12-3106243193ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3106243193ns5:CurrentFinancialInstrumentsns5:WithinOneYear2015-12-31


REGISTERED NUMBER: 06243193 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

INTERNATIONAL EXECUTIVE SEARCH LTD

INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INTERNATIONAL EXECUTIVE SEARCH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: Mr S Heal





REGISTERED OFFICE: 21 Faircross Way
St Albans
Hertfordshire
AL1 4RZ





REGISTERED NUMBER: 06243193 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY
Page 1
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,013 1,519

CURRENT ASSETS
Debtors 5 94,385 99,468
Cash at bank 72,790 15,083
167,175 114,551
CREDITORS
Amounts falling due within one year 6 245,054 341,705
NET CURRENT LIABILITIES (77,879 ) (227,154 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(76,866
)
(225,635
)

CAPITAL AND RESERVES
Called up share capital 1,900 1,900
Retained earnings (78,766 ) (227,535 )
SHAREHOLDERS' FUNDS (76,866 ) (225,635 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 18 August 2017 and were signed by:





Mr S Heal - Director


The notes form part of these financial statements

Page 2
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

International Executive Search Ltd is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis as the director is satisfied that the
company will have adequate resources to meets its liabilities to third parties as they fall due.

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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 27,019 31,133 58,152
DEPRECIATION
At 1 January 2016 27,018 29,615 56,633
Charge for year - 506 506
At 31 December 2016 27,018 30,121 57,139
NET BOOK VALUE
At 31 December 2016 1 1,012 1,013
At 31 December 2015 1 1,518 1,519

Page 3 continued...
INTERNATIONAL EXECUTIVE SEARCH LTD (REGISTERED NUMBER: 06243193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 58,708 29,454
Amounts owed by related party - 33,200
Other debtors 32,143 32,143
Prepayments and accrued income 3,534 4,671
94,385 99,468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts - 23,777
Trade creditors 54,116 93,501
Amounts owed to group undertakings 43,256 169
Social security and other taxes - 2,967
VAT 16,974 22,326
Other creditors 14,817 14,817
Directors' current accounts 109,702 144,174
Accrued expenses 6,189 26,728
Deferred income - 13,246
245,054 341,705

7. SECURED DEBTS

The following secured debts are included within creditors:

2016 2015
£    £   
Bank loan - 23,777

The bank loan is secured by a fixed and floating charge over all the property and undertaking of the company.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Heal.

Page 4