Integrity Security Group Ltd - Accounts to registrar (filleted) - small 18.2
Integrity Security Group Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Integrity Security Group Ltd |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2019 |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Contents of the Financial Statements |
| for the Year Ended 30 November 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Integrity Security Group Ltd |
| Company Information |
| for the Year Ended 30 November 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 6 Charter Point Way |
| Ashby Business Park |
| Ashby De La Zouch |
| Leicestershire |
| LE65 1NF |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Statement of Financial Position |
| 30 November 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Debtors | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
10 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 14 | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 15 |
| Capital redemption reserve |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their 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. |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Statement of Financial Position - continued |
| 30 November 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Notes to the Financial Statements |
| for the Year Ended 30 November 2019 |
| 1. | STATUTORY INFORMATION |
| Integrity Security Group Ltd is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| In the application of the company's accounting policies, the directors are required to make judgement, |
| estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from |
| other sources. The estimates and associated assumptions are based on historical experience and other factors |
| that are considered to be relevant. Actual results may differ form these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting |
| estimates are recognised in the period in which the estimate is revised where the revision affects only that |
| period, or in the period of revision and future periods where the revision affects both current and future periods. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates |
| and value added tax. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised |
| evenly over its estimated useful life of 20 years. This estimation is based on the expected use of the acquired |
| business that market participants would consider reasonable in respect of a similar business. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2019 |
| 5. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 December 2018 |
| and 30 November 2019 |
| AMORTISATION |
| At 1 December 2018 |
| Amortisation for year |
| At 30 November 2019 |
| NET BOOK VALUE |
| At 30 November 2019 |
| At 30 November 2018 |
| 6. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor |
| machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 December 2018 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 November 2019 |
| DEPRECIATION |
| At 1 December 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 November 2019 |
| NET BOOK VALUE |
| At 30 November 2019 |
| At 30 November 2018 |
| 7. | STOCKS |
| 2019 | 2018 |
| £ | £ |
| Finished goods |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2019 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts (see note 11) |
| Hire purchase contracts (see note 12) |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans (see note 11) |
| Hire purchase contracts (see note 12) |
| 11. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2019 | 2018 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| 12. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase contracts |
| 2019 | 2018 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable operating |
| leases |
| 2019 | 2018 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| Integrity Security Group Ltd (Registered number: 06779414) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 November 2019 |
| 13. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| 14. | PROVISIONS FOR LIABILITIES |
| 2019 | 2018 |
| £ | £ |
| Deferred tax | 393 | 2,320 |
| Deferred |
| tax |
| £ |
| Balance at 1 December 2018 |
| Provided during year | ( |
) |
| Balance at 30 November 2019 |
| 15. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £0.10 | 1 | 2 |
| 16. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 November 2019 and |
| 30 November 2018: |
| 2019 | 2018 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 17. | RELATED PARTY DISCLOSURES |
| During the year the director, W Adams, made loans to the company, these were interest free and repayable on |
| demand. The balance at the year end was £638 (2018 - £Nil). |