Disclosure Services Group Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10076860 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Disclosure Services Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M F Kreft

Mrs G H Kreft

Mr P Maddocks

REGISTERED OFFICE:

Ellice House

Ellice Way

Yale Business Village

Wrexham

LL13 7YL

REGISTERED NUMBER:

10076860 (England and Wales)

ACCOUNTANTS:

Pritchett & Co

Chartered Accountants and Chartered Tax Advisers

16 Wynnstay Road

Colwyn Bay

Conwy

LL29 8NB

FIXED ASSETS

Investments

4

902

902

CURRENT ASSETS

Debtors

5

770,588

770,928

Cash at bank and in hand

1,826,993

901,888

2,597,581

1,672,816

CREDITORS

Amounts falling due within one year

6

20

340

NET CURRENT ASSETS

2,597,561

1,672,476

TOTAL ASSETS LESS CURRENT LIABILITIES

2,598,463

1,673,378

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Share premium

26,947

26,947

Retained earnings

2,570,516

1,645,431

SHAREHOLDERS' FUNDS

2,598,463

1,673,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 30 September 2022 and were signed on its behalf by:

Mr M F Kreft - Director

1.	STATUTORY INFORMATION

Disclosure Services Group 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.

Preparation of consolidated financial statements

The financial statements contain information about Disclosure Services Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2021

and 31 December 2021

902

NET BOOK VALUE

At 31 December 2021

902

At 31 December 2020

902

The Company owns 100% of the share capital of the following, which are incorporated in the UK.

- Disclosure Services Limited; and

- Independent Living Wrexham Limited

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by group undertakings

770,588

770,928

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

20

340

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1,000

Ordinary A

1

1,000

1,000

53

Ordinary B

1

-

-

1,000

1,000

8.	RELATED PARTY DISCLOSURES

As at 31 December 2021, the company was owed £770,588 (2020: £770,928) by Disclosure Services Limited.