Company Registration No. 10018905 (England and Wales)
The ID Crowd Limited
Unaudited accounts
for the year ended 28 February 2019
The ID Crowd Limited
Unaudited accounts
Contents
The ID Crowd Limited
Company Information
for the year ended 28 February 2019
Directors
David Black
Alistair Treharne
Gillan Ward
Julian White
Adam Cooper
Company Number
10018905 (England and Wales)
Registered Office
20 Sonning Way
Shoeburyness
Southend on Sea
SS3 8YQ
United Kingdom
Accountants
Westcourt Accountancy Services Ltd
1 White Cliffs Business Centre
Honeywood Road
Dover
Kent
CT16 3EH
The ID Crowd Limited
Accountants' report
Accountants' report to the board of directors of The ID Crowd Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
The ID Crowd Limited for the year ended
28 February 2019 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of The ID Crowd Limited, as a body, in accordance with the terms of our engagement letter dated 19 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of The ID Crowd Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The ID Crowd Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The ID Crowd Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The ID Crowd Limited. You consider that The ID Crowd Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The ID Crowd Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Westcourt Accountancy Services Ltd
1 White Cliffs Business Centre
Honeywood Road
Dover
Kent
CT16 3EH
22 November 2019
The ID Crowd Limited
Statement of financial position
as at 28 February 2019
Cash at bank and in hand
6,988
3,384
Creditors: amounts falling due within one year
(3,714)
(889)
Net current assets
9,542
2,505
Called up share capital
10
10
Profit and loss account
9,532
2,495
Shareholders' funds
9,542
2,505
For the year ending 28 February 2019 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 November 2019.
David Black
Director
Company Registration No. 10018905
The ID Crowd Limited
Notes to the Accounts
for the year ended 28 February 2019
The ID Crowd Limited is a private company, limited by shares, registered in England and Wales, registration number 10018905. The registered office is 20 Sonning Way, Shoeburyness, Southend on Sea, SS3 8YQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
3,314
589
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.01 each
10
10
The ID Crowd Limited
Notes to the Accounts
for the year ended 28 February 2019
7
Transactions with related parties
The company purchased services from the following companies, who are shareholders of the company and have common directors, all transactions have been made at market rates.
Starhall Ltd (David Black) - £87571
Leckfell Advisory Ltd (Alistair Treharne) - £25999
Eudaimonia Ltd (Gillan Ward) - £14141
Nu Dimensions Ltd (Julian White) - £18999
Next ID (Adam Cooper) - £2599
8
Average number of employees
During the year the average number of employees was 5 (2018: 4).
