Company Registration No. 06448212 (England and Wales)
Inclusivity Training & Consultancy Limited
Unaudited accounts
for the year ended 31 December 2016
Inclusivity Training & Consultancy Limited
Unaudited accounts
Contents
Inclusivity Training & Consultancy Limited
Company Information
for the year ended 31 December 2016
Directors
Arif Sain
Emma Marie Mulhall
Company Number
06448212 (England and Wales)
Registered Office
Redbox Accountancy
100 South Street - Suite 1
Bishops Stortford
Hertfordshire
CM23 3BG
United Kingdom
Accountants
Redbox Accountancy Limited
100 South Street
Bishop's Stortford
Hertfordshire
CM23 3BG
Inclusivity Training & Consultancy Limited
Statement of financial position
as at
31 December 2016
Tangible assets
1,537
1,851
Investments
764,325
568,584
Cash at bank and in hand
9,481
2,669
Creditors: amounts falling due within one year
(35,553)
(23,690)
Net current liabilities
(26,072)
(15,675)
Net assets
739,790
554,760
Called up share capital
100
100
Profit and loss account
739,690
554,660
Shareholders' funds
739,790
554,760
For the year ending 31 December 2016 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 September 2017.
Arif Sain
Director
Company Registration No. 06448212
Inclusivity Training & Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2016
Inclusivity Training & Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 06448212. The registered office and principal place of business is Redbox Accountancy, 100 South Street - Suite 1, Bishops Stortford, Hertfordshire, CM23 3BG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Inclusivity Training & Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2016
2,898
2,701
5,599
At 31 December 2016
2,898
2,900
5,798
At 1 January 2016
2,257
1,491
3,748
Charge for the year
160
353
513
At 31 December 2016
2,417
1,844
4,261
At 31 December 2016
481
1,056
1,537
At 31 December 2015
641
1,210
1,851
5
Investments
Other investments
Valuation at 1 January 2016
568,584
Valuation at 31 December 2016
764,325
7
Creditors: amounts falling due within one year
2016
2015
Taxes and social security
76,998
13,803
Loans from directors
(43,872)
8,206
8
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Inclusivity Training & Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2016
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
-
25,342
-
25,342
Loan to director
-
18,529
-
18,529
10
Average number of employees
During the year the average number of employees was 2 (2015: 2).