Intreme Ltd,Ltd - AccountsLtd - Accounts

Intreme Ltd,Ltd - AccountsLtd - Accounts

INTREME LTD - Company Information

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2017-12-01 07439737 2018-11-30 07439737 2017-12-01 2018-11-30 07439737 2017-11-30 07439737 2016-12-01 2017-11-30 07439737 uk-core:WithinOneYear 2017-11-30 07439737 uk-core:WithinOneYear 2018-11-30 07439737 uk-core:AfterOneYear 2017-11-30 07439737 uk-core:AfterOneYear 2018-11-30 07439737 uk-core:ShareCapital 2018-11-30 07439737 uk-core:ShareCapital 2017-11-30 07439737 uk-core:RetainedEarningsAccumulatedLosses 2018-11-30 07439737 uk-core:RetainedEarningsAccumulatedLosses 2017-11-30 07439737 uk-bus:Director1 2017-12-01 2018-11-30 07439737 uk-core:PlantMachinery 2017-12-01 2018-11-30 07439737 uk-core:WithinOneYear 2018-11-30 07439737 uk-core:WithinOneYear 2017-11-30 07439737 uk-core:AfterOneYear uk-core:Secured 2018-11-30 07439737 uk-core:AfterOneYear uk-core:Secured 2017-11-30 iso4217:GBP 07439737 uk-bus:AuditExemptWithAccountantsReport 2017-12-01 2018-11-30 07439737 uk-bus:FRS102 2017-12-01 2018-11-30 07439737 uk-bus:FullAccounts 2017-12-01 2018-11-30 07439737 uk-bus:PrivateLimitedCompanyLtd 2017-12-01 2018-11-30
Intreme Ltd
Registered Number:07439737
For the year ended 30 November 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2018
Intreme Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 November 2018
Intreme Ltd
Statement of Financial Position
Registered Number :
07439737
£
£
2017
2018
Notes
Current assets
Inventories
1,897
2,180
3
Trade and other receivables
39,117
53,865
4
9,843
Cash and cash equivalents
14,644
70,689
50,857
Trade and other payables: amounts falling due within one
year
(19,999)
(24,573)
5
30,858
46,116
Net current assets
Total assets less current liabilities
46,116
30,858
Trade and other payables: amounts falling due after more
than one year
(15,841)
(11,605)
6
34,511
Net assets
15,017
Capital and reserves
Called up share capital
1
1
Retained earnings
34,510
15,016
34,511
15,017
Shareholders' funds
For the year ended 30 November 2018 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 of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Anthony Brian Carr Director
These financial statements were approved and authorised for issue by the Board on 05 March 2019 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 November 2018
Intreme Ltd
Notes to the Financial Statements
Statutory Information
Intreme Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07439737.
Principal place of business:
12a Santon Business Park
Dawes Lane
Scunthorpe
DN16 1XP
Registered address:
5a Station Terrace
East Boldon
Tyne & Wear
NE36 0LJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. An amount equal to the excess of the annual depreciation charge on revalued assets over the notional historic cost depreciation charge on those assets is transferred annually from the revaluation reserve to the profit and loss reserve. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 30 November 2018
Intreme Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 December 2017
8,500
At 30 November 2018
8,500
Provision for depreciation and impairment
At 01 December 2017
8,500
At 30 November 2018
8,500
At 30 November 2018
Net book value
-
At 30 November 2017
-
3. Inventories
2017
2018
£
£
Stocks
2,180
1,897
4. Trade and other receivables
2017
2018
£
£
Trade debtors
21,864
14,616
Other debtors
32,001
24,501
39,117
53,865
5. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft
4,220
4,220
Trade creditors
7,650
11,234
Taxation and social security
10,548
3,157
Other creditors
2,155
1,388
24,573
19,999
3 of 4
6
For the year ended 30 November 2018
Intreme Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft
11,605
15,825
Other creditors
-
16
11,605
15,841
4 of 4