Integrity Security Group Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06779414

Integrity Security Group Ltd

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2016

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

W Adams

A Turner

M M Adams

Catherine Harley

REGISTERED OFFICE:

Highlands House

Highlands Road

Shirley

Solihull

West Midlands

B90 4ND

REGISTERED NUMBER:

06779414

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 six)

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 Integrity Security Group Ltd for the year ended 30 November 2016 which comprise the Profit

and Loss Account, the Balance Sheet, the Cash Flow Statement, the Statement of Total Recognised Gains and Losses

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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Integrity Security Group Ltd, as a body, in accordance with the terms of our engagement letter dated 24 June 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Integrity Security Group Ltd and state those matters that we have agreed to state to the Board of Directors of Integrity Security Group Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Integrity Security Group Ltd Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Integrity Security Group Ltd 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 profit of Integrity Security Group Ltd. You consider that Integrity Security Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Integrity Security Group Ltd. 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.

24 April 2017

FIXED ASSETS

Intangible assets

2

80,000

85,000

Tangible assets

3

13,106

12,998

93,106

97,998

CURRENT ASSETS

Stocks

6,500

-

Debtors

473,129

341,290

Cash at bank

5,136

-

484,765

341,290

CREDITORS

Amounts falling due within one year

4

379,667

249,957

NET CURRENT ASSETS

105,098

91,333

TOTAL ASSETS LESS CURRENT
LIABILITIES

198,204

189,331

CREDITORS

Amounts falling due after more than one
year

4

(100,723

)

(114,105

)

PROVISIONS FOR LIABILITIES

(2,178

)

(2,085

)

NET ASSETS

95,303

73,141

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

95,301

73,139

SHAREHOLDERS' FUNDS

95,303

73,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 21 April 2017 and were signed on its behalf by:

W Adams - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, net of value added tax.

Goodwill

Acquired goodwill is written off in equal instalments over its estimated useful economic life.

Tangible fixed assets

Office equipment - 25% reducing balance

Fixtures and fittings - 25% reducing balance

Motor vehicles - 25% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

100,000

AMORTISATION

At 1 December 2015

15,000

Amortisation for year

5,000

At 30 November 2016

20,000

NET BOOK VALUE

At 30 November 2016

80,000

At 30 November 2015

85,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

30,150

Additions

5,132

Disposals

(8,053

)

At 30 November 2016

27,229

DEPRECIATION

At 1 December 2015

17,152

Charge for year

4,399

Eliminated on disposal

(7,428

)

At 30 November 2016

14,123

NET BOOK VALUE

At 30 November 2016

13,106

At 30 November 2015

12,998

4.

CREDITORS

Creditors include an amount of £ 113,336 (2015 - £ 126,718 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

20

Ordinary

£0.1

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the director, Mr W Adams, was owed £nil by the company. This loan is free and repayable on

demand. The maximum outstanding balance during the year was £1,382.

At the year end the director, Mr A Turner, was owed £2,255 by the company, This loan is free and repayable on

demand. The maximum balance outstanding during the year was £24,882.