Independent Appointments (UK) Limited

Independent Appointments (UK) Limited

INDEPENDENT APPOINTMENTS (UK) LIMITED - Company Information

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1 October 2018 false No description of principal activity Taxfiler 2020.8.1 01274948business:PrivateLimitedCompanyLtd2018-10-012019-09-30 012749482018-09-30 012749482018-10-012019-09-30 01274948business:AuditExemptWithAccountantsReport2018-10-012019-09-30 01274948business:FullAccounts2018-10-012019-09-30 012749482019-09-30 01274948business:Director12018-10-012019-09-30 01274948business:Director22018-10-012019-09-30 01274948business:RegisteredOffice2018-10-012019-09-30 012749482018-09-30 01274948core:WithinOneYear2019-09-30 01274948core:WithinOneYear2018-09-30 01274948core:AfterOneYear2019-09-30 01274948core:AfterOneYear2018-09-30 01274948core:ShareCapital2019-09-30 01274948core:ShareCapital2018-09-30 01274948core:RetainedEarningsAccumulatedLosses2019-09-30 01274948core:RetainedEarningsAccumulatedLosses2018-09-30 01274948business:SmallEntities2018-10-012019-09-30 01274948countries:EnglandWales2018-10-012019-09-30 01274948core:FurnitureFittings2018-10-012019-09-30 01274948core:ComputerEquipment2018-10-012019-09-30 01274948core:FurnitureFittings2018-09-30 01274948core:ComputerEquipment2018-09-30 01274948core:FurnitureFittings2019-09-30 01274948core:ComputerEquipment2019-09-30 012749482017-10-012018-09-30 iso4217:GBP xbrli:pure
Company Registration No. 01274948 (England and Wales)
Independent Appointments (UK) Limited Unaudited accounts for the year ended 30 September 2019
Independent Appointments (UK) Limited Unaudited accounts Contents
Page
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Independent Appointments (UK) Limited Company Information for the year ended 30 September 2019
Directors
N C Fraser A Cowling
Company Number
01274948 (England and Wales)
Registered Office
6 York Place Leeds LS1 2DS
Accountants
Summit Accountants 16 Robin Hood Way Clifton Brighouse HD6 4LA
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Independent Appointments (UK) Limited Accountants' report
Accountants' report to the board of directors of Independent Appointments (UK) Limited on the preparation of the unaudited statutory accounts for the year ended 30 September 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Independent Appointments (UK) Limited for the year ended 30 September 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 Independent Appointments (UK) Limited, as a body, in accordance with the terms of our engagement letter dated 1 August 2017. Our work has been undertaken solely to prepare for your approval the accounts of Independent Appointments (UK) 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 Independent Appointments (UK) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Independent Appointments (UK) 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 Independent Appointments (UK) Limited. You consider that Independent Appointments (UK) 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 Independent Appointments (UK) 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.
Summit Accountants 16 Robin Hood Way Clifton Brighouse HD6 4LA 25 June 2020
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Independent Appointments (UK) Limited Statement of financial position as at 30 September 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,145 
3,162 
Current assets
Debtors
5
768,649 
790,561 
Cash at bank and in hand
(7,468)
37,619 
761,181 
828,180 
Creditors: amounts falling due within one year
6
(176,917)
(258,438)
Net current assets
584,264 
569,742 
Total assets less current liabilities
588,409 
572,904 
Creditors: amounts falling due after more than one year
7
(1,281)
(7,640)
Net assets
587,128 
565,264 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
586,128 
564,264 
Shareholders' funds
587,128 
565,264 
For the year ending 30 September 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.
The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2020 and were signed on its behalf by
N C Fraser Director Company Registration No. 01274948
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Independent Appointments (UK) Limited Notes to the Accounts for the year ended 30 September 2019
1
Statutory information
Independent Appointments (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 01274948. The registered office is 6 York Place, Leeds, LS1 2DS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2018
20,502 
46,303 
66,805 
Additions
- 
2,156 
2,156 
At 30 September 2019
20,502 
48,459 
68,961 
Depreciation
At 1 October 2018
17,797 
45,846 
63,643 
Charge for the year
345 
828 
1,173 
At 30 September 2019
18,142 
46,674 
64,816 
Net book value
At 30 September 2019
2,360 
1,785 
4,145 
At 30 September 2018
2,705 
457 
3,162 
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Independent Appointments (UK) Limited Notes to the Accounts for the year ended 30 September 2019
5
Debtors
2019 
2018 
£ 
£ 
Trade debtors
46,860 
96,518 
Amounts due from group undertakings etc.
693,408 
665,708 
Accrued income and prepayments
27,341 
- 
Other debtors
1,040 
28,335 
768,649 
790,561 
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
7,030 
5,723 
Trade creditors
43,748 
49,233 
Amounts owed to group undertakings and other participating interests
10,603 
10,603 
Taxes and social security
78,422 
84,435 
Other creditors
37,114 
108,444 
176,917 
258,438 
7
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Bank loans
1,281 
7,640 
8
Transactions with related parties
During the year the company paid costs on behalf of its parent company, Wits End Holdings Limited (05243990). The Branding Iron Limited (05644152) is a company that is controlled by the directors. At the year end the following amounts were due from / (to) related parties: Wits End Holdings Limited £693,408 [2018 £665,708]; The Branding Iron Limited (£10,603) [2018 (£10,603)].
9
Controlling party
The company's parent company is Wits End Holdings Limited, a company registered in England and Wales (05243990). The directors do not consider there to be a controlling party.
10
Average number of employees
During the year the average number of employees was 11 (2018: 13).
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