Intensichem Group Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07816557 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 NOVEMBER 2013 TO 30 SEPTEMBER 2014

FOR

INTENSICHEM GROUP LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Dr M O Bratt

Mr O A A Tames

Mr M P Smith BA (Hons) FCA

REGISTERED OFFICE:

12 Romney Place

Maidstone

Kent

ME15 6LE

REGISTERED NUMBER:

07816557 (England and Wales)

ACCOUNTANTS:

Mackenzies

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to seven)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Intensichem Group Limited for the period ended 30 September 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Intensichem Group Limited, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Intensichem Group Limited and state those matters that we have agreed to state to the Board of Directors of Intensichem

Group Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Intensichem Group Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Intensichem

Group Limited. You consider that Intensichem Group Limited is exempt from the statutory audit requirement for the

period.

We have not been instructed to carry out an audit or a review of the financial statements of Intensichem Group Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

When approving these financial statements you are confirming that you agree to Mackenzies terms of engagement and

standard terms of business, copies of which have already been provided to you. If you require a further copy then please

contact any of our offices, alternatively copies can downloaded from the fact-sheet section of our website

www.mkchartered.co.uk.

Important disclosure note

The directors of Mackenzies, Mark Smith and Venetia Coombs, each hold a 4% interest in the share capital of the

company. Mark Smith is also a director of both the company and its subsidiary Intensichem Limited.

Mackenzies

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

1 October 2014

FIXED ASSETS

Intangible assets

2

4,126

4,592

Tangible assets

3

19,082

23,415

Investments

4

200

200

23,408

28,207

CURRENT ASSETS

Debtors

50,453

-

Cash at bank

78,492

389

128,945

389

CREDITORS

Amounts falling due within one year

13,283

35,640

NET CURRENT ASSETS/(LIABILITIES)

115,662

(35,251

)

TOTAL ASSETS LESS CURRENT LIABILITIES

139,070

(7,044

)

CAPITAL AND RESERVES

Called up share capital

5

10,711

100

Share premium

137,064

-

Profit and loss account

(8,705

)

(7,144

)

SHAREHOLDERS' FUNDS

139,070

(7,044

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 October 2014 and were signed on its behalf by:

Dr M O Bratt - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

5,740

Additions

852

At 30 September 2014

6,592

AMORTISATION

At 1 November 2013

1,148

Amortisation for period

1,318

At 30 September 2014

2,466

NET BOOK VALUE

At 30 September 2014

4,126

At 31 October 2013

4,592

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

31,220

Additions

2,027

At 30 September 2014

33,247

DEPRECIATION

At 1 November 2013

7,805

Charge for period

6,360

At 30 September 2014

14,165

NET BOOK VALUE

At 30 September 2014

19,082

At 31 October 2013

23,415

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2013

and 30 September 2014

200

NET BOOK VALUE

At 30 September 2014

200

At 31 October 2013

200

The company's investments at the balance sheet date in the share capital of companies include the following:

Intensichem Limited

Nature of business: Pharmaceutical and chemical process R&D

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

(42,441

)

(23,491

)

Loss for the period/year

(18,950

)

(13,336

)

Intensichem Trading Limited

Nature of business: Dormant company

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

100

100

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2,000

Ordinary A

£1

2,000

40

2,000

Ordinary B

£1

2,000

40

500

Ordinary C

£1

500

10

500

Ordinary D

£1

500

10

5,000

Ordinary E

£1

5,000

-

711

Ordinary F

£1

711

-

10,711

100

Shares were issued during the period as follows:

Cash at par

1,960 Ordinary A shares of £1 for £ 1,960

1,960 Ordinary B shares of £1 for £ 1,960

490 Ordinary C shares of £1 for £ 490

490 Ordinary D shares of £1 for £ 490

Cash at premium

5,000 Ordinary E shares of £1 for £ 125,000

711 Ordinary F shares of £1 for £17775