Intensichem Group Limited - Accounts to registrar (filleted) - small 18.2
Intensichem Group Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| FOR |
| INTENSICHEM GROUP LIMITED |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| INTENSICHEM GROUP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 12 Romney Place |
| Maidstone |
| Kent |
| ME15 6LE |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| BALANCE SHEET |
| 28 FEBRUARY 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Share premium | 10 |
| Retained earnings | 10 | ( |
) | ( |
) |
| 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. |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| BALANCE SHEET - continued |
| 28 FEBRUARY 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| 1. | STATUTORY INFORMATION |
| Intensichem Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2020 - NIL). |
| 4. | INTANGIBLE FIXED ASSETS |
| Patents and |
| licences |
| £ |
| COST |
| At 1 March 2020 |
| Additions |
| At 28 February 2021 |
| AMORTISATION |
| At 1 March 2020 |
| Amortisation for year |
| At 28 February 2021 |
| NET BOOK VALUE |
| At 28 February 2021 |
| At 29 February 2020 |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2020 |
| and 28 February 2021 |
| DEPRECIATION |
| At 1 March 2020 |
| Charge for year |
| At 28 February 2021 |
| NET BOOK VALUE |
| At 28 February 2021 |
| At 29 February 2020 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 March 2020 |
| and 28 February 2021 |
| NET BOOK VALUE |
| At 28 February 2021 |
| At 29 February 2020 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 12 Romney Place, Maidstone, Kent. ME15 6LE |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2021 | 2020 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| (Loss)/profit for the year | ( |
) |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| 6. | FIXED ASSET INVESTMENTS - continued |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2021 | 2020 |
| £ | £ |
| Aggregate capital and reserves |
| 7. | DEBTORS |
| 2021 | 2020 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Unpaid share capital | 17,054 | 34,108 |
| Amounts falling due after more than one year: |
| Amounts owed by group undertakings |
| Aggregate amounts |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Other creditors |
| Other creditors comprises of a company credit card balance. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary A | £1 | 3,146 | 3,146 |
| Ordinary B | £1 | 7,934 | 7,934 |
| Ordinary C | £1 | 786 | 786 |
| Ordinary D | £1 | 786 | 786 |
| Ordinary E | £1 | 22,230 | 22,230 |
| 711 | Ordinary F | £1 | 711 | 711 |
| 35,593 | 35,593 |
| INTENSICHEM GROUP LIMITED (REGISTERED NUMBER: 07816557) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2021 |
| 10. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 March 2020 | ( |
) | 420,682 |
| Deficit for the year | ( |
) | ( |
) |
| At 28 February 2021 | ( |
) | 412,043 |
| 11. | CONTINGENT LIABILITIES |
| The company is group registered for VAT and as such it has joint and several liability for any VAT debt owed by the VAT group. The other member of the group is Intensichem Limited. |
| 12. | RELATED PARTY DISCLOSURES |
| During the period Intensichem Limited, a wholly owned subsidiary company made payments on behalf of the company. Also the company made payments on behalf of Intensichem Limited. These payments are recorded through an intercompany account and, as at the balance sheet date, the amount owed by Intensichem Limited was £362,997 (2020: £367,853). |
| During the period, Mackenzies Chartered Accountants provided services to the group and these are disclosed fully in the notes of the subsidiary company, Intensichem Limited. The directors of Mackenzies hold a combined 5% interest in the share capital of the company. One of the directors of Mackenzies Chartered Accountants, Mr M Smith, is also a director of Intensichem Group Limited. |
| 13. | ULTIMATE CONTROLLING PARTY |
| No individual is the ultimate controlling party. The shareholders among themselves hold the entire share capital of the company. |