INTEGRITYTECH_LIMITED - Accounts


Company Registration No. 06577909 (England and Wales)
INTEGRITYTECH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
PAGES FOR FILING WITH REGISTRAR
INTEGRITYTECH LIMITED
COMPANY INFORMATION
Director
Mr Nicholas Try
Company number
06577909
Registered office
First Floor, Sheraton House
Lower Road
Chorleywood
Hertfordshire
WD3 5LH
Accountants
Summers Morgan
First Floor, Sheraton House
Lower Road
Chorleywood
Hertfordshire
WD3 5LH
INTEGRITYTECH LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
INTEGRITYTECH LIMITED
BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
3
483
1,389
Current assets
Debtors
4
8,269
18,693
Cash at bank and in hand
70
70
8,339
18,763
Creditors: amounts falling due within one year
5
(141,685)
(125,268)
Net current liabilities
(133,346)
(106,505)
Total assets less current liabilities
(132,863)
(105,116)
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
(132,864)
(105,117)
Total equity
(132,863)
(105,116)

The director of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.he director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 .he 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 and signed by the director and authorised for issue on 14 February 2017
Mr Nicholas Try
Director
Company Registration No. 06577909
INTEGRITYTECH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
Company information

Integritytech Limited is a private company limited by shares incorporated in England and Wales. The registered office is First Floor, Sheraton House, Lower Road, Chorleywood, Hertfordshire, WD3 5LH.

1.1
Accounting convention

The Company is dependent on its director for financial support.

 

The financial statements are prepared on the going concern basis, which the director believes to be appropriate having regard both to the likely future cashflows of the business and to their own personal commitment to support the Company financially so as to ensure that is able to meet its liabilities as they fall.

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 £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Leasehold
Straight Line over the term of the lease
Plant and machinery
33% Straight Line
Fixtures, fittings & equipment
33% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation
Deferred tax

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probabilty that a liability or asset will crystalise in the foreseeable future.

1.5
Leases

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

INTEGRITYTECH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 May 2015 and 30 April 2016
37,198
8,861
46,059
Depreciation and impairment
At 1 May 2015
37,198
7,472
44,670
Depreciation charged in the year
-
906
906
At 30 April 2016
37,198
8,378
45,576
Carrying amount
At 30 April 2016
-
483
483
At 30 April 2015
-
1,389
1,389
4
Debtors
2016
2015
Amounts falling due within one year:
£
£
Trade debtors
5,585
15,578
Other debtors
2,684
3,115
8,269
18,693
5
Creditors: amounts falling due within one year
2016
2015
£
£
Bank loans and overdrafts
8,357
6,659
Trade creditors
4,433
4,126
Other taxation and social security
18
2,745
Other creditors
128,877
111,738
141,685
125,268
6
Called up share capital
2016
2015
£
£
Ordinary share capital
Authorised
1,000 Ordinary Shares of £1 each
1,000
1,000
Issued and fully paid
1 Ordinary Shares of £1 each
1
1
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