Inteb Sustainability Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06760102

Unaudited Financial Statements

For The Year Ended 31 December 2016

for

Inteb Sustainability Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

P Hargreaves

SECRETARY:

R J Gerard

REGISTERED OFFICE:

Jubilee House

East Beach

Lytham St Annes

FY8 5FT

REGISTERED NUMBER:

06760102

ACCOUNTANTS:

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.Annes

Lancashire

FY8 5FT

FIXED ASSETS

Intangible assets

4

148,000

196,000

Tangible assets

5

12,985

25,158

160,985

221,158

CURRENT ASSETS

Stocks

6

-

(2,156

)

Debtors

7

21,295

292,263

Cash at bank and in hand

8,450

5,295

29,745

295,402

CREDITORS

Amounts falling due within one year

8

555,785

805,913

NET CURRENT LIABILITIES

(526,040

)

(510,511

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(365,055

)

(289,353

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(365,155

)

(289,453

)

SHAREHOLDERS' FUNDS

(365,055

)

(289,353

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 September 2017 and were signed by:

P Hargreaves - Director

1.	STATUTORY INFORMATION

Inteb Sustainability Limited is a private company, limited by shares , registered in Not specified/Other. 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Non compete agreement

Non compete agreement, being the amount paid in connection with the de-merger in 2014, is being amortised

evenly over the agreement length of 5 years which commenced in February 2015.

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

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	INTANGIBLE FIXED ASSETS

Non

compete

agreement

£

COST

At 1 January 2016

and 31 December 2016

240,000

AMORTISATION

At 1 January 2016

44,000

Amortisation for year

48,000

At 31 December 2016

92,000

NET BOOK VALUE

At 31 December 2016

148,000

At 31 December 2015

196,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2016

and 31 December 2016

757

22,706

43,310

66,773

DEPRECIATION

At 1 January 2016

622

5,511

35,482

41,615

Charge for year

34

4,311

7,828

12,173

At 31 December 2016

656

9,822

43,310

53,788

NET BOOK VALUE

At 31 December 2016

101

12,884

-

12,985

At 31 December 2015

135

17,195

7,828

25,158

6.

STOCKS

2016

2015

£

£

Work-in-progress

-

(2,156

)

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

10,939

248,926

Amounts owed by group undertakings

-

4,034

Other debtors

100

(1,167

)

Retention

-

29,341

Directors' loan accounts

-

572

Prepayments

10,256

10,557

21,295

292,263

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

63,372

213,445

Amounts owed to group undertakings

107,634

89,969

Social security and other taxes

889

3,390

VAT

13,969

12,022

Other creditors

-

121,938

Retention

-

65,275

Accruals and deferred income

360,795

150,010

Accrued expenses

9,126

149,864

555,785

805,913

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and

31 December 2015:

2016

2015

£

£

P Hargreaves

Balance outstanding at start of year

4,219

-

Amounts advanced

-

4,219

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

4,219

10.	RELATED PARTY DISCLOSURES

The director, Mr Philip Hargreaves is also a director of Inteb India.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties of Lytham Green Limited are Mr Philip Hargreaves.

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2016 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.Annes

Lancashire

FY8 5FT

Date: .............................................