Integral Consultancy 365 Ltd - Accounts to registrar - small 17.1

REGISTERED NUMBER: 09991312 (England and Wales)

Unaudited Financial Statements

for the Period 8 February 2016 to 28 February 2017

for

INTEGRAL CONSULTANCY 365 LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P Briggs

Mrs L S Briggs

REGISTERED OFFICE:

130 Preston New Road

Blackpool

FY4 4HE

REGISTERED NUMBER:

09991312 (England and Wales)

ACCOUNTANTS:

Abrams Ashton

Chartered Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Tangible assets

4

666

CURRENT ASSETS

Debtors

5

3,600

Cash at bank

9,532

13,132

CREDITORS

Amounts falling due within one year

6

8,460

NET CURRENT ASSETS

4,672

TOTAL ASSETS LESS CURRENT LIABILITIES

5,338

PROVISIONS FOR LIABILITIES

133

NET ASSETS

5,205

CAPITAL AND RESERVES

Called up share capital

7

10

Retained earnings

8

5,195

SHAREHOLDERS' FUNDS

5,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 24 April 2017 and were signed on its behalf by:

Mr P Briggs - Director

1.	STATUTORY INFORMATION

Integral Consultancy 365 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the value of services, net of value added tax, provided to customers during the year.

Tangible fixed assets

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

Computer equipment

-

33.3% on cost

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 that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

999

At 28 February 2017

999

DEPRECIATION

Charge for period

333

At 28 February 2017

333

NET BOOK VALUE

At 28 February 2017

666

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

3,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

3,139

Social security and other taxes

1,551

Directors' current accounts

2,517

Accrued expenses

1,253

8,460

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary

£1

10

8.

RESERVES

Retained

earnings

£

Profit for the period

12,195

Dividends

(7,000

)

At 28 February 2017

5,195

9.	RELATED PARTY DISCLOSURES

During the period, total dividends of £7,000 were paid to the directors .

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Paul Briggs by virtue of holding 70% of the called up share capital.