IAC Service Group Limited - Accounts to registrar (filleted) - small 17.3
IAC Service Group Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| FOR |
| IAC SERVICE GROUP LIMITED |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| IAC SERVICE GROUP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Carlton House |
| 101 New London Road |
| Chelmsford |
| Essex |
| CM2 0PP |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| BALANCE SHEET |
| 30TH JUNE 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| BALANCE SHEET - continued |
| 30TH JUNE 2017 |
| 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 |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| 1. | STATUTORY INFORMATION |
| IAC Service Group Limited is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding |
| discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year 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 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 year 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. |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st July 2016 |
| Additions |
| Disposals | ( |
) |
| Transfer to ownership | 1,246 |
| Reclassification/transfer |
| At 30th June 2017 |
| DEPRECIATION |
| At 1st July 2016 |
| Charge for year |
| At 30th June 2017 |
| NET BOOK VALUE |
| At 30th June 2017 |
| At 30th June 2016 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st July 2016 |
| and 30th June 2017 |
| NET BOOK VALUE |
| At 30th June 2017 |
| At 30th June 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| IAC SERVICE GROUP LIMITED (REGISTERED NUMBER: 07488914) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2017 |
| 7. | RELATED PARTY DISCLOSURES |
| As at the balance sheet date the company was owed £22,013 (2016 - (£16,249) ) by IAC |
| Service & Maintenance Ltd.. |
| During the year the company received a management charge of £Nil (2016 - £140,000) from |
| IAC Services & Maintenance Ltd. |
| The company recharged expenses of £ 171,197 (2016: £145,869) to IAC Service & |
| Maintenance Ltd. |
| Both IAC Service Group Limited and IAC Service & Maintenance Ltd are under the control of C |
| Chilvers.. |
| As at the balance sheet date the company owed £5,100 to IACCH Pension fund. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by Vivant management Limited. |