Intelligence Probe Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09618055 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

FOR

INTELLIGENCE PROBE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

A J Miller

REGISTERED OFFICE:

Southgate Chambers

37-39 Southgate Street

Winchester

SO23 9EH

REGISTERED NUMBER:

09618055 (England and Wales)

ACCOUNTANTS:

Kemps Accounting Solutions Limited

Chartered Accountants

42A High Street

Broadstairs

Kent

CT10 1JT

BANKERS:

Santander Business Banking

Brindle Road

Bootle

L30 4GB

FIXED ASSETS

Tangible assets

4

1,970

1,020

CURRENT ASSETS

Debtors

5

21,021

9,123

Cash in hand

49,670

21,334

70,691

30,457

CREDITORS

Amounts falling due within one year

6

38,366

17,803

NET CURRENT ASSETS

32,325

12,654

TOTAL ASSETS LESS CURRENT LIABILITIES

34,295

13,674

PROVISIONS FOR LIABILITIES

374

286

NET ASSETS

33,921

13,388

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33,821

13,288

SHAREHOLDERS' FUNDS

33,921

13,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2020 and were signed by:

A J Miller - Director

1.	STATUTORY INFORMATION

Intelligence Probe Ltd 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax

and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it

relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which

they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or

substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2019

2,525

Additions

2,216

At 30 June 2020

4,741

DEPRECIATION

At 1 July 2019

1,505

Charge for year

1,266

At 30 June 2020

2,771

NET BOOK VALUE

At 30 June 2020

1,970

At 30 June 2019

1,020

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Trade debtors

21,021

9,123

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Taxation and social security

20,113

8,397

Other creditors

18,253

9,406

38,366

17,803

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers

are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required

to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of

Intelligence Probe Ltd for the year ended 30 June 2020 which comprise the Income Statement, Balance Sheet and the related notes from

the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Intelligence Probe Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Intelligence Probe Ltd and state those matters that we have agreed to state to the director of Intelligence Probe Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Intelligence Probe Ltd and its director for our work or for this report.

It is your duty to ensure that Intelligence Probe Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Intelligence Probe Ltd. You consider that Intelligence Probe Ltd 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 financial statements of Intelligence Probe Ltd. 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 financial statements.

Kemps Accounting Solutions Limited

Chartered Accountants

42A High Street

Broadstairs

Kent

CT10 1JT

18 July 2020