Integrated Solutions Group Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12822777 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 19 AUGUST 2020 TO 31 AUGUST 2021

FOR

INTEGRATED SOLUTIONS GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D F Sherman

T E W Spence

T J Biggs

REGISTERED OFFICE:

7 School Walk

Chippenham

SN14 0QS

REGISTERED NUMBER:

12822777 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

117,312

CURRENT ASSETS

Debtors

5

63,506

Cash at bank and in hand

4,513

68,019

CREDITORS

Amounts falling due within one year

6

(258,439

)

NET CURRENT LIABILITIES

(190,420

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(73,108

)

CREDITORS

Amounts falling due after more than one year

7

(79,067

)

PROVISIONS FOR LIABILITIES

8

(20,579

)

NET LIABILITIES

(172,754

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(172,755

)

(172,754

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2022 and were signed on its behalf by:

D F Sherman - Director

1.	STATUTORY INFORMATION

Integrated Solutions Group Limited is a private company, limited by shares , registered in England and 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

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

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the period 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 period 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 period was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

Additions

2,894

140,645

3,101

146,640

At 31 August 2021

2,894

140,645

3,101

146,640

DEPRECIATION

Charge for period

579

28,129

620

29,328

At 31 August 2021

579

28,129

620

29,328

NET BOOK VALUE

At 31 August 2021

2,315

112,516

2,481

117,312

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

36,992

Other debtors

5,793

VAT

11,296

Prepayments and accrued income

9,425

63,506

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

23,110

Trade creditors

75,275

Other creditors

92,700

Amounts due to associated

undertakings

34,249

Director's current accounts

29,537

Accruals and deferred income

3,568

258,439

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

79,067

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

20,579

Deferred

tax

£

Provided during period

20,579

Balance at 31 August 2021

20,579

9.	RELATED PARTY DISCLOSURES