Themis Support Services Limited 31/03/2019 iXBRL

Themis Support Services Limited 31/03/2019 iXBRL

THEMIS SUPPORT SERVICES LIMITED - Company Information

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31/03/2019 2019-03-31 false false false false false false false false false false true false false true false false false false false false false false No description of principal activities is disclosed 2018-04-01 Sage Accounts Production 18.30 - FRS xbrli:pure xbrli:shares iso4217:GBP 05115698 2018-04-01 2019-03-31 05115698 2019-03-31 05115698 2018-03-31 05115698 2017-04-01 2018-03-31 05115698 2018-03-31 05115698 core:FurnitureFittingsToolsEquipment 2018-04-01 2019-03-31 05115698 core:MotorVehicles 2018-04-01 2019-03-31 05115698 bus:Director1 2018-04-01 2019-03-31 05115698 core:MotorVehicles 2018-03-31 05115698 core:WithinOneYear 2019-03-31 05115698 core:WithinOneYear 2018-03-31 05115698 core:ShareCapital 2019-03-31 05115698 core:ShareCapital 2018-03-31 05115698 core:SharePremium 2019-03-31 05115698 core:SharePremium 2018-03-31 05115698 core:RetainedEarningsAccumulatedLosses 2019-03-31 05115698 core:RetainedEarningsAccumulatedLosses 2018-03-31 05115698 core:MotorVehicles 2018-03-31 05115698 bus:Director1 2018-03-31 05115698 bus:Director1 2019-03-31 05115698 bus:SmallEntities 2018-04-01 2019-03-31 05115698 bus:AuditExempt-NoAccountantsReport 2018-04-01 2019-03-31 05115698 bus:FullAccounts 2018-04-01 2019-03-31 05115698 bus:SmallCompaniesRegimeForAccounts 2018-04-01 2019-03-31 05115698 bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Company registration number: 05115698
Themis Support Services Limited
Unaudited filleted financial statements
31 March 2019
Themis Support Services Limited
Contents
Statement of financial position
Notes to the financial statements
Themis Support Services Limited
Statement of financial position
31 March 2019
2019 2018
Note £ £ £ £
Fixed assets
Tangible assets 5 - 1,053
_______ _______
- 1,053
Current assets
Stocks 6 270 262
Debtors 7 4,598 6,981
Cash at bank and in hand - 1,229
_______ _______
4,868 8,472
Creditors: amounts falling due
within one year 8 ( 35,881) ( 22,349)
_______ _______
Net current liabilities ( 31,013) ( 13,877)
_______ _______
Total assets less current liabilities ( 31,013) ( 12,824)
Provisions for liabilities ( 3,492) ( 675)
_______ _______
Net liabilities ( 34,505) ( 13,499)
_______ _______
Capital and reserves
Called up share capital 1,000 1,000
Share premium account 15,000 15,000
Profit and loss account ( 50,505) ( 29,499)
_______ _______
Shareholders deficit ( 34,505) ( 13,499)
_______ _______
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 31 October 2019 , and are signed on behalf of the board by:
S J Parums
Director
Company registration number: 05115698
Themis Support Services Limited
Notes to the financial statements
Year ended 31 March 2019
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 32, Atlantic Business Centre, Broadheath, Altrincham, WA14 5NQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements of the company have been prepared on a goining concern basis.The director feels this basis is appropriate as he has guaranteed his financial support to the company for the forseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and value added tax.Revenue from sale of services are recognised when the significant risks and rewards have been passed to the customers.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulateddepreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 15 % reducing balance
Motor vehicles - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2018: 1 ).
5. Tangible assets
Motor vehicles Total
£ £
Cost
At 1 April 2018 2,100 2,100
Disposals ( 2,100) ( 2,100)
_______ _______
At 31 March 2019 - -
_______ _______
Depreciation
At 1 April 2018 1,047 1,047
Disposals ( 1,047) ( 1,047)
_______ _______
At 31 March 2019 - -
_______ _______
Carrying amount
At 31 March 2019 - -
_______ _______
At 31 March 2018 1,053 1,053
_______ _______
6. Stocks
2019 2018
£ £
Goods for resale 270 262
_______ _______
7. Debtors
2019 2018
£ £
Trade debtors 1,406 5,790
Other debtors 3,192 1,191
_______ _______
4,598 6,981
_______ _______
8. Creditors: amounts falling due within one year
2019 2018
£ £
Bank loans and overdrafts 9,970 8,796
Corporation tax - 252
Social security and other taxes 24,841 11,581
Other creditors 1,070 1,720
_______ _______
35,881 22,349
_______ _______
The bank overdraft is secured by a fixed and floating charge over the assets of the company.
9. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2019
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
S J Parums ( 520) 3,858 ( 520) 2,818
_______ _______ _______ _______