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Registration number: 03051345

The Academy of International Management Ltd

Annual Report and Unaudited Accounts

for the Year Ended 31 May 2017
 

Axel Chartered Accountants
Suite 3
12 Princess Street
Knutsford
Cheshire
WA16 6DD

 

The Academy of International Management Ltd
(Registration number: 03051345)
Balance Sheet at 31 May 2017

   

Note

   

2017
£

   

2016
£

 

Creditors: Amounts falling due within one year

 

2

   

(36,561)

   

(36,561)

 

Capital and reserves

 

             

Called up share capital

 

3

   

1,000

   

1,000

 

Profit and loss account

 

   

(37,561)

   

(37,561)

 

Shareholders' deficit

 

   

(36,561)

   

(36,561)

 

For the year ending 31 May 2017 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised for issue by the director on 15 February 2018

.........................................
Dr Alan Jones
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

 

The Academy of International Management Ltd
Notes to the financial statements for the Year Ended 31 May 2017
......... continued

1

Accounting policies

Trading status

The company was dormant and has not traded during the year.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Creditors: Amounts falling due within one year

   

2017
£

   

2016
£

 
             

Other creditors

 

36,561

   

36,561

 

3

Share capital

Allotted, called up and fully paid shares

 

2017

2016

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

1,000

   

1,000

   

1,000

   

1,000