IGP Out There Ltd
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Registered number: |
08603517
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Directors' Report |
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The directors present their report and accounts for the year ended 31 March 2015. |
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Principal activities |
The company did not trade during the year. The issued share capital was increased to 140 to admit two new shareholders.
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Directors |
The following persons served as directors during the year: |
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C T Cullingford
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Directors' responsibilities |
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. |
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Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: |
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select suitable accounting policies and then apply them consistently; |
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make judgements and estimates that are reasonable and prudent; |
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
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The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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Small company provisions |
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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This report was approved by the board on 24 December 2015 and signed on its behalf. |
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C T Cullingford |
Director |
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IGP Out There Ltd |
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of IGP Out There Ltd for the year ended 31 March 2015 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of IGP Out There Ltd for the year ended 31 March 2015 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation. |
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Turner Burke Limited |
Chartered Accountants |
Suite 4, 3rd Floor Roxby House |
20-22 Station Road |
Sidcup |
KENT |
DA15 7EJ |
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24 December 2015 |
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IGP Out There Ltd
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Notes to the Accounts |
for the year ended 31 March 2015
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover |
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The company did not trade during the year
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Depreciation |
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There are no fixed assets so no depreciation has been charged |
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2 |
Debtors |
2015 |
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2014 |
£ |
£ |
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Other debtors |
140 |
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100 |
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3 |
Creditors: amounts falling due within one year |
2015 |
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2014 |
£ |
£ |
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Other creditors |
120 |
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- |
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4 |
Share capital |
Nominal |
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2015 |
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2015 |
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2014 |
value |
Number |
£ |
£ |
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Allotted, called up and fully paid: |
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Ordinary shares
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£1 each |
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140 |
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140 |
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100 |
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Nominal |
Number |
Amount |
value |
£ |
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Shares issued during the period: |
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Ordinary shares
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£1 each |
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40 |
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40 |
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5 |
Profit and loss account |
2015 |
£ |
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Loss for the year |
(120) |
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At 31 March 2015 |
(120) |
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6 |
Related party transactions |
2015 |
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2014 |
£ |
£ |
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C T Cullingford
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Director and shareholded
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Unpaid share capital
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[Amount due from (to) the related party] |
100 |
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100 |
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S Stroh-Begg
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Shareholder
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Unpaid share capital
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[Amount due from (to) the related party] |
20 |
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- |
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E Bloh
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Shareholder
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Unpaid share capital
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[Amount due from (to) the related party] |
20 |
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- |
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7 |
Ultimate controlling party |
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The company is controlled by Carl Cullingford by virtue of his ownership of 100 of the 140 issued shares.
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