| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 30th September 2024 |
| for |
| International Chairmen's Forum Limited |
| REGISTERED NUMBER: |
| 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: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the director and authorised for issue on |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.24 | 30.9.23 |
| £ | £ |
| Owed by related company |
| 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 |
| 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 |
| 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. |