Independent Access Platform Services Lim - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08366577 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2018

for

Independent Access Platform Services

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J I Daintith

A D Jennings

K B J Shadbolt

S R Couling

SECRETARY:

K Golestani

REGISTERED OFFICE:

Shropshire House

Hortonwood 1

TELFORD

Shropshire

TF1 7GN

REGISTERED NUMBER:

08366577 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Investments

3

100,056

100,056

CURRENT ASSETS

Cash at bank

-

20,300

CREDITORS

Amounts falling due within one year

4

59

59

NET CURRENT (LIABILITIES)/ASSETS

(59

)

20,241

TOTAL ASSETS LESS CURRENT LIABILITIES

99,997

120,297

CAPITAL AND RESERVES

Called up share capital

5,225

5,225

Capital redemption reserve

275

275

Retained earnings

94,497

114,797

SHAREHOLDERS' FUNDS

99,997

120,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 September 2019 and were signed on its behalf by:

A D Jennings - Director

1.	STATUTORY INFORMATION

Independent Access Platform Services 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.

Preparation of consolidated financial statements

The financial statements contain information about Independent Access Platform Services Limited as an

individual company and do not contain consolidated financial information as the parent of a group. The company

is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated

financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Fixed asset investments

Fixed assets investments are stated at historical cost less provision for any diminution in value.

Other income

Other income consists of dividends received from subsidiary undertakings.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2018

and 31 December 2018

100,056

NET BOOK VALUE

At 31 December 2018

100,056

At 31 December 2017

100,056

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Amounts owed to group undertakings

18

-

Taxation and social security

-

18

Other creditors

41

41

59

59

5.	ULTIMATE CONTROLLING PARTY

The parent company was IAPS Group Ltd until the 3rd April 2018, the date the company was liquidated as part

of a group reconstruction. The parent company is now Independent Parts And Service Holdings Limited and its

registered office is:

Shropshire House

Hortonwood 1

Telford

SHROPSHIRE

TF1 7GN