Industry Control Solutions Ltd - Abbreviated accounts

Registered number

03048250

Industry Control Solutions Ltd

Abbreviated Accounts

30 April 2014

Industry Control Solutions Ltd
Registered number:		03048250
Abbreviated Balance Sheet
as at 30 April 2014

Notes			2014			2013
£				£
Creditors: amounts falling due within one year		(76,822)			(76,822)

Net current liabilities			(76,822)			(76,822)

Net liabilities			(76,822)			(76,822)

Capital and reserves
Called up share capital	2		100			100
Capital redemption reserve			-			-
Profit and loss account			(76,922)			(76,922)

Shareholder's funds			(76,822)			(76,822)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



S N Forster
Director
Approved by the board on 6 January 2015

Industry Control Solutions Ltd
Notes to the Abbreviated Accounts
for the year ended 30 April 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
	The accounts have been prepared on a going concern basis due to the continued support of the director.
	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% reducing balance
	Motor vehicles			20% reducing balance
	Computer and peripherals			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100