Themis Risk limited - Accounts to registrar (filleted) - small 18.2
Themis Risk limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| AUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| FOR |
| THEMIS RISK LIMITED |
| THEMIS RISK LIMITED (REGISTERED NUMBER: 07410766) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| THEMIS RISK LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants and Statutory Auditor |
| 34 Waterloo Road |
| Wolverhampton |
| West Midlands |
| WV1 4DG |
| THEMIS RISK LIMITED (REGISTERED NUMBER: 07410766) |
| STATEMENT OF FINANCIAL POSITION |
| 31 MAY 2020 |
| 2020 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year | 7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 |
| THEMIS RISK LIMITED (REGISTERED NUMBER: 07410766) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| 1. | STATUTORY INFORMATION |
| Themis Risk limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company has changed it's year end to 31 May so that it is coterminous with other group members and the accounts have been prepared for a seventeen month period ended 31 May 2020. Accounts for the previous period were for a twelve month period and are not therefore comparable. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the period 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Going concern |
| The company is dependent upon the continued support being made available by group companies to enable it to continue operating and to meet its liabilities as they fall due. The directors have received assurances that support is available for the foreseeable future and as a consequence they believe that it is appropriate to prepare the financial statements on a going concern basis. |
| THEMIS RISK LIMITED (REGISTERED NUMBER: 07410766) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2019 |
| Disposals | ( |
) | ( |
) |
| At 31 May 2020 |
| DEPRECIATION |
| At 1 January 2019 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 May 2020 |
| NET BOOK VALUE |
| At 31 May 2020 |
| At 31 December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2018 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2018 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2020 | 2018 |
| £ | £ |
| Amounts owed to group undertakings |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| THEMIS RISK LIMITED (REGISTERED NUMBER: 07410766) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2019 TO 31 MAY 2020 |
| 9. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Themis Risk Holdings Limited ( formerly Smartwater Limited,) a company registered in England and Wales, is the parent undertaking which draws up consolidated financial statements. The registered office of Themis Risk Holdings Limited is located at Partnership House, Central Park, Telford, Shropshire TF2 9TZ , England. |
| Themis Risk Holdings Limited owned 100% of the share capital of the company throughout the current and previous period. |
| Guarantees and commitments |
| The company's bankers hold a fixed and floating charge over the assets of the company and it's fellow subsidiaries, Smartwater Heritage Limited, Smartwater Technology International Limited, Smartwater Technology Research Limited, Smartwater Group Limited and Perimeter Intruder Detection Systems Limited together with those of the parent company, to secure each company's bank liabilities. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company has no one ultimate controlling party. |