Irene Currier Consulting Limited - Period Ending 2017-02-28

Registration number: 08873410

Irene Currier Consulting Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2017

Chartered Accountants

Irene Currier Consulting Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5

Irene Currier Consulting Limited

Company Information

Director

Mrs I Currier

Registered office

Unity Chambers 34 High East Street DORCHESTER Dorset DT1 1HA

Accountants

Edwards & Keeping Chartered Accountants Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

- 1 -

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Irene Currier Consulting Limited
for the Year Ended 28 February 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Irene Currier Consulting Limited for the year ended 28 February 2017 as set out on pages 3 to 5 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
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Irene Currier Consulting Limited, as a body, in accordance with the terms of our engagement letter dated 4 February 2014. Our work has been undertaken solely to prepare for your approval the accounts of Irene Currier Consulting Limited and state those matters that we have agreed to state to the Board of Directors of Irene Currier Consulting Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Irene Currier Consulting Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Irene Currier Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Irene Currier Consulting Limited. You consider that Irene Currier Consulting Limited 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 accounts of Irene Currier Consulting Limited. 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 accounts.

...................................

Edwards & Keeping
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

Date:.............................

- 2 -

Irene Currier Consulting Limited

(Registration number: 08873410)
Balance Sheet as at 28 February 2017

	Note	2017		2016
		£	£	£	£
Current assets
Debtors	4		-		845
Cash at bank and in hand			500		-
			500		845
Creditors: Amounts falling due within one year	5		(10,679)		(6,136)
Net liabilities			(10,179)		(5,291)
Capital and reserves
Called up share capital		1		1
Profit and loss account		(10,180)		(5,292)
Total equity			(10,179)		(5,291)

For the financial year ending 28 February 2017 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the director on 27 November 2017
 

Mrs I Currier Director

- 3 -

Irene Currier Consulting Limited

Notes to the Financial Statements
for the Year Ended 28 February 2017

1	General information

The company is a private company limited by share capital incorporated in United Kingdom.

The address of its registered office is:
Unity Chambers
34 High East Street
DORCHESTER
Dorset
DT1 1HA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company currently has net liabilities. Despite this the director considers the company to be a going concern as she will not seek repayment of her loan until such time as funds allow.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2016 - 1).

4

Debtors

	2017 £	2016 £
Corporation tax control	-	845
	-	845

- 4 -

Irene Currier Consulting Limited

Notes to the Financial Statements
for the Year Ended 28 February 2017

5

Creditors

	2017 £	2016 £
Due within one year
Other creditors	10,679	6,136

6	Transition to FRS 102

This is the first year that the company has presented its financial statements under Financial Reporting Standard 102 (FRS 102) issued by the Financial Reporting Council. The last financial statements for the year ended 29 February 2016 were prepared under previous UK GAAP and the transition date to FRS 102 is therefore 1 March 2015.

Adopting FRS 102 has meant that a number of accounting policies have changed to comply with the new standard, however no transition adjustments were necessary.

- 5 -