| IFA INVESTMENT SOLUTIONS LIMITED |
| Registered number: |
06422576 |
| Balance Sheet |
| as at 30 November 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,269 |
|
|
1,586 |
|
| Current assets |
| Debtors |
3 |
|
100,863 |
|
|
59,350 |
| Cash at bank and in hand |
|
|
4,096 |
|
|
1,957 |
|
|
|
104,959 |
|
|
61,307 |
|
| Creditors: amounts falling due within one year |
4 |
|
(47,700) |
|
|
(28,510) |
|
| Net current assets |
|
|
|
57,259 |
|
|
32,797 |
|
| Net assets |
|
|
|
58,528 |
|
|
34,383 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
57,528 |
|
|
33,383 |
|
| Shareholders' funds |
|
|
|
58,528 |
|
|
34,383 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| H. Beaumont |
| Director |
| Approved by the board on 2 August 2019 |
|
| IFA INVESTMENT SOLUTIONS LIMITED |
| Notes to the Accounts |
| for the year ended 30 November 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 December 2017 |
3,965 |
|
At 30 November 2018 |
3,965 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2017 |
2,379 |
|
Charge for the year |
317 |
|
At 30 November 2018 |
2,696 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2018 |
1,269 |
|
At 30 November 2017 |
1,586 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Other debtors |
100,863 |
|
59,350 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Corporation tax |
5,700 |
|
8,560 |
|
Other creditors |
42,000 |
|
19,950 |
|
|
|
|
|
|
47,700 |
|
28,510 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
IFA INVESTMENT SOLUTIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Central Point |
|
45 Beech Street |
|
London |
|
EC2Y 8AD |
