Company Registration No. 09309777 (England and Wales)
NTIS INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
PAGES FOR FILING WITH REGISTRAR
NTIS INVESTMENTS LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
NTIS INVESTMENTS LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2019
31 December 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Investments
3
2,403,960
2,403,960
Current assets
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
4
(403,960)
(903,960)
Net current liabilities
(403,860)
(903,860)
Total assets less current liabilities
2,000,100
1,500,100
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
2,000,000
1,500,000
Total equity
2,000,100
1,500,100
NTIS INVESTMENTS LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 DECEMBER 2019
31 December 2019
- 2 -
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 21 October 2020 and are signed on its behalf by:
Mr P King
Director
Company Registration No. 09309777
NTIS INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
- 3 -
1
Accounting policies
Company information
NTIS Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Northwood House, Stafford Park 10, Telford, Shropshire, TF3 3AB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2019
2018
Number
Number
Total
5
5
3
Fixed asset investments
2019
2018
£
£
Shares in group undertakings and participating interests
2,403,960
2,403,960
NTIS INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2019
3
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 January 2019 & 31 December 2019
2,403,960
Carrying amount
At 31 December 2019
2,403,960
At 31 December 2018
2,403,960
4
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
403,960
903,960
2019-12-312019-01-01false04 November 2020CCH SoftwareCCH Accounts Production 2020.200No description of principal activityMr P FecherMr M FecherMr A FecherMr P KingMr C DaviesMr P King093097772019-01-012019-12-31093097772019-12-31093097772018-12-3109309777core:CurrentFinancialInstruments2019-12-3109309777core:CurrentFinancialInstruments2018-12-3109309777core:ShareCapital2019-12-3109309777core:ShareCapital2018-12-3109309777core:RetainedEarningsAccumulatedLosses2019-12-3109309777core:RetainedEarningsAccumulatedLosses2018-12-3109309777bus:Director42019-01-012019-12-31093097772018-01-012018-12-3109309777bus:PrivateLimitedCompanyLtd2019-01-012019-12-3109309777bus:SmallCompaniesRegimeForAccounts2019-01-012019-12-3109309777bus:FRS1022019-01-012019-12-3109309777bus:AuditExemptWithAccountantsReport2019-01-012019-12-3109309777bus:Director12019-01-012019-12-3109309777bus:Director22019-01-012019-12-3109309777bus:Director32019-01-012019-12-3109309777bus:Director52019-01-012019-12-3109309777bus:CompanySecretary12019-01-012019-12-3109309777bus:FullAccounts2019-01-012019-12-31xbrli:purexbrli:sharesiso4217:GBP
