|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 May 2019 |
|
for |
|
Interpro Technology Solutions Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 May 2019 |
|
for |
|
Interpro Technology Solutions Limited |
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 May 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Interpro Technology Solutions Limited |
|
Company Information |
for the Year Ended 31 May 2019 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
328 Chatsworth Avenue |
Cosham |
Portsmouth |
Hampshire |
PO6 2UP |
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
Balance Sheet |
31 May 2019 |
|
31.5.19 | 31.5.18 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
7 |
( |
) |
( |
) |
|
PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
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. |
|
|
|
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
|
|
|
|
|
|
|
|
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
Notes to the Financial Statements |
for the Year Ended 31 May 2019 |
|
1. | STATUTORY INFORMATION |
|
Interpro Technology Solutions Limited is a
|
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
The financial statements relate to Interpro Technology Solutions Limited as an individual entity. |
|
Significant judgements and estimates |
The preparation of the financial statements requires the use by management of estimates and assumptions that |
affect the reported amounts of assets and liabilities at the date of the financial statements, and revenues and |
expenses during the reporting period. These estimates and assumptions are based on management's best |
knowledge of the amount, events or actions. Actual results may differ from those amounts |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Turnover is recognised for goods at the time of supply and on services at the end of the period to which they |
relate. |
|
Tangible fixed assets |
|
Freehold property | - |
|
Improvements to property | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer Equipment | - |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and |
Retained Earnings, 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. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2019 |
|
2. | ACCOUNTING POLICIES - continued |
|
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. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
Freehold | to | and |
property | property | fittings |
£ | £ | £ |
COST |
At 1 June 2018 |
|
|
|
Additions |
|
|
|
At 31 May 2019 |
|
|
|
DEPRECIATION |
At 1 June 2018 |
|
|
|
Charge for year |
|
|
|
Eliminated on disposal |
|
|
|
At 31 May 2019 |
|
|
|
NET BOOK VALUE |
At 31 May 2019 |
|
|
|
At 31 May 2018 |
|
|
|
|
Motor | Computer |
vehicles | Equipment | Totals |
£ | £ | £ |
COST |
At 1 June 2018 |
|
|
|
Additions |
|
|
|
Disposals | ( |
) |
|
( |
) |
At 31 May 2019 |
|
|
|
DEPRECIATION |
At 1 June 2018 |
|
|
|
Charge for year |
|
|
|
Eliminated on disposal | ( |
) |
|
( |
) |
At 31 May 2019 |
|
|
|
NET BOOK VALUE |
At 31 May 2019 |
|
|
|
At 31 May 2018 |
|
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.5.19 | 31.5.18 |
£ | £ |
Trade debtors |
|
|
Amounts owed by participating interests | - | 18,140 |
Directors' current accounts | 34,462 | - |
Prepayments and accrued income |
|
|
|
|
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2019 |
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.5.19 | 31.5.18 |
£ | £ |
Bank loans and overdrafts |
|
|
Hire purchase contracts |
|
|
Trade creditors |
|
|
Amounts owed to participating interests | 6,210 | - |
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.5.19 | 31.5.18 |
£ | £ |
Bank loans |
|
|
Hire purchase contracts |
|
|
|
|
|
Amounts falling due in more than five years: |
|
Repayable by instalments |
Bank loans | 89,265 | 79,277 |
|
8. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
31.5.19 | 31.5.18 |
£ | £ |
Bank loans |
|
|
Hire purchase contracts | 39,219 | 35,804 |
|
|
|
9. | PROVISIONS FOR LIABILITIES |
31.5.19 | 31.5.18 |
£ | £ |
Deferred tax | 1,161 | 3,814 |
|
Deferred |
tax |
£ |
Balance at 1 June 2018 |
|
Credit to Income Statement during year | ( |
) |
Balance at 31 May 2019 |
|
Interpro Technology Solutions Limited (Registered number: 07250370) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2019 |
|
10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 31 May 2019 and |
31 May 2018: |
|
31.5.19 | 31.5.18 |
£ | £ |
|
Balance outstanding at start of year | ( |
) |
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
( |
) |
|
11. | ULTIMATE CONTROLLING PARTY |
|
The controlling party is Mr M D Abrams. |