ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

NTIS INVESTMENTS LTD - Company Information

Print Friendly Version

Caseware UK (AP4) 2018.0.111 2018.0.111 2018-12-312018-12-31truefalseNo description of principal activityfalse2018-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09309777 2018-01-01 2018-12-31 09309777 2018-12-31 09309777 2017-12-31 09309777 c:CompanySecretary1 2018-01-01 2018-12-31 09309777 c:Director1 2018-01-01 2018-12-31 09309777 c:Director2 2018-01-01 2018-12-31 09309777 c:Director3 2018-01-01 2018-12-31 09309777 c:Director4 2018-01-01 2018-12-31 09309777 c:Director5 2018-01-01 2018-12-31 09309777 c:Director6 2018-01-01 2018-12-31 09309777 c:RegisteredOffice 2018-01-01 2018-12-31 09309777 d:CurrentFinancialInstruments 2018-12-31 09309777 d:CurrentFinancialInstruments 2017-12-31 09309777 d:Non-currentFinancialInstruments 2018-12-31 09309777 d:Non-currentFinancialInstruments 2017-12-31 09309777 c:FRS102 2018-01-01 2018-12-31 09309777 c:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 09309777 c:FullAccounts 2018-01-01 2018-12-31 09309777 c:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 09309777 d:Subsidiary1 2018-01-01 2018-12-31 09309777 d:Subsidiary1 1 2018-01-01 2018-12-31 iso4217:GBP xbrli:pure

Registered number: 09309777









NTIS INVESTMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2018
 
NTIS INVESTMENTS LTD
 
 
COMPANY INFORMATION


Directors
A Fecher 
M D Fecher 
P Fecher 
P King 
S M Williamson 
C J Davies 




Company secretary
P King



Registered number
09309777



Registered office
Northwood House
Stafford Park 10

Telford

TF3 3AB




Accountants
Crossley Financial Accounting
Chartered Accountants

Star House

Star Hill

Rochester

Kent

ME1 1UX




 
NTIS INVESTMENTS LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5

 
NTIS INVESTMENTS LTD
REGISTERED NUMBER: 09309777

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2018

2018
2017
Note
£
£

Fixed assets
  

Investments
 4 
2,403,960
2,403,960

  
2,403,960
2,403,960

Current assets
  

Cash at bank and in hand
 5 
100
100

  
100
100

Creditors: amounts falling due within one year
 6 
(903,960)
(1,653,960)

Net current liabilities
  
 
 
(903,860)
 
 
(1,653,860)

Total assets less current liabilities
  
1,500,100
750,100

Provisions for liabilities
  

Net assets
  
1,500,100
750,100


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
1,500,000
750,000

  
1,500,100
750,100


Page 1
 
NTIS INVESTMENTS LTD
REGISTERED NUMBER: 09309777
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2018

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




C J Davies
Director

Date: 24 September 2019

Page 2
 
NTIS INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

1.


General information

NTIS Investments Ltd is a private company, limited by shares, domiciled in England and Wales.  The registered office is Northwood House, Stafford Park 10, Telford, England, TF3 3AB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2017 - 0).

Page 3
 
NTIS INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2018
2,403,960



At 31 December 2018

2,403,960






Net book value



At 31 December 2018
2,403,960



At 31 December 2017
2,403,960

Subsidiary undertakings

The following were subsidiary undertakings of the Company:

Name
Country of
incorporation
Class of shares
Holding
Principal activity

Northwood Tissue (Lancaster) Limited
England & Wales
Ordinary
 100%
Production of tissue paper from waste materials


5.


Cash and cash equivalents

2018
2017
£
£

Cash at bank and in hand
100
100

100
100


Page 4
 
NTIS INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

6.


Creditors: Amounts falling due within one year

2018
2017
£
£

Other creditors
903,960
1,653,960

903,960
1,653,960



7.


Share capital

2018
2017
£
£
Allotted, called up and fully paid



100 (2017 - 100) Ordinary shares of £1.00 each
100
100


Page 5