IFS Fire & Security Limited - Accounts to registrar (filleted) - small 18.2
IFS Fire & Security Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 April 2018 |
| for |
| IFS FIRE & SECURITY LIMITED |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| IFS FIRE & SECURITY LIMITED |
| Company Information |
| for the Year Ended 30 April 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Annecy Court |
| Ferry Works |
| Summer Road |
| Thames Ditton |
| Surrey |
| KT7 0QJ |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Statement of Financial Position |
| 30 April 2018 |
| 30.4.18 | 30.4.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| 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. |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Statement of Financial Position - continued |
| 30 April 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2018 |
| 1. | STATUTORY INFORMATION |
| IFS Fire & Security Limited is a |
| 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 |
| The company has made a profit for the last two years, however the balance sheet position is showing a deficit at |
| the end of the year of £16,904 (2017 - £24,848). The director is confident that going forward the company will |
| make sufficient profits to bring the balance sheet back into a surplus position. |
| On this basis the directors consider the preparation of the accounts on the going concern basis to be appropriate. |
| Turnover |
| Turnover represents net invoiced sales of good and services, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2017 |
| and 30 April 2018 |
| DEPRECIATION |
| At 1 May 2017 |
| Charge for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| At 30 April 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Bank loans and overdrafts |
| Finance leases |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.4.18 | 30.4.17 |
| £ | £ |
| Bank loans |
| Finance leases |
| Other creditors |
| IFS FIRE & SECURITY LIMITED (REGISTERED NUMBER: 07599351) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2018 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.18 | 30.4.17 |
| value: | £ | £ |
| Ordinary | £1 | 99 | 99 |
| 'A' Ordinary Non Voting | £1 | 4 | 4 |
| 103 | 103 |