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REGISTERED NUMBER: 07694198 (England and Wales)















Unaudited Financial Statements

For The Year Ended 30th September 2024

for

International Chairmen's Forum Limited

International Chairmen's Forum Limited (Registered number: 07694198)






Contents of the Financial Statements
For The Year Ended 30th September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


International Chairmen's Forum Limited

Company Information
For The Year Ended 30th September 2024







DIRECTOR: A Baricic





SECRETARY: Mrs M Vrankar





REGISTERED OFFICE: 106 Charter Avenue
Ilford
Essex
IG2 7AD





REGISTERED NUMBER: 07694198 (England and Wales)





ACCOUNTANTS: Fredericks Limited
Chartered Accountants
106 Charter Avenue
Ilford
Essex
IG2 7AD

International Chairmen's Forum Limited (Registered number: 07694198)

Statement of Financial Position
30th September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 - 400
Cash at bank 1,841 2,159
1,841 2,559
CREDITORS
Amounts falling due within one year 5 9,483 7,953
NET CURRENT LIABILITIES (7,642 ) (5,394 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,642

)

(5,394

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (7,742 ) (5,494 )
SHAREHOLDERS' FUNDS (7,642 ) (5,394 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 19th June 2025 and were signed by:





A Baricic - Director


International Chairmen's Forum Limited (Registered number: 07694198)

Notes to the Financial Statements
For The Year Ended 30th September 2024

1. STATUTORY INFORMATION

International Chairmen's Forum Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Owed by related company - 400

International Chairmen's Forum Limited (Registered number: 07694198)

Notes to the Financial Statements - continued
For The Year Ended 30th September 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Owed to related companies 7,728 6,228
Directors' current accounts 825 825
Accrued expenses 930 900
9,483 7,953

6. RELATED PARTY DISCLOSURES

Included in creditors is an amount due to Advanced Solutions Consultants Limited, a company under the control of the director, A Baricic, in the sum of £1,500. (2023 - £400 owed by Advanced Solutions Consultants Limited).

Included in creditors is an amount due to Globe Ljubljana d.o.o. a limited liability company registered in Slovenia, under the control of the director, A Baricic, in the sum of £6,228. (2023 - £6,228).
During the year Globe Ljubljana invoiced the company in the sum of £910 for consultancy. The amount owed by the company to Globe Ljubljana at the year end was £Nil in respect of this transaction.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Baricic.

The movement in director's loans during the period are disclosed in the notes to the accounts.

The loan is interest free and has no fixed repayment date.