4486017 2015-10-01 false true 2016-09-302016-09-30 4486017 2015-10-01 2016-09-30 4486017 2016-09-30 4486017 2015-09-30 4486017 c:MotorVehicles 2015-10-01 2016-09-30 4486017 d:OrdinaryShareClass1 2016-09-30 4486017 d:OrdinaryShareClass1 2015-09-30 4486017 d:OrdinaryShareClass1 2015-10-01 2016-09-30 4486017 d:Director1 2015-10-01 2016-09-30 4486017 d:Director2 2015-10-01 2016-09-30 4486017 c:OfficeEquipment 2015-10-01 2016-09-30 4486017 c:PlantMachinery 2015-10-01 2016-09-30 4486017 c:ProvisionsForDeferredTaxation 2015-09-30 xbrli:shares iso4217:GBP

Registered number: 4486017









INTERALIA SERVICES LTD







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2016

 
INTERALIA SERVICES LTD
REGISTERED NUMBER: 4486017

ABBREVIATED BALANCE SHEET
AS AT 30 SEPTEMBER 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
15,397
20,423
 
CURRENT ASSETS





 
Stocks
5,173
5,900

 
Debtors
277,178
350,708

 
Cash at bank

500
28,010







 
282,851
384,618
 
CREDITORS: amounts falling due within one year
3
(232,988)
(235,737)
 
NET CURRENT ASSETS


49,863

148,881
 
TOTAL ASSETS LESS CURRENT LIABILITIES
65,260
169,304
 
CREDITORS: amounts falling due after more than one year
4
(3,865)

(5,578)
 
PROVISIONS FOR LIABILITIES





 
Deferred tax
-
(3,200)

NET ASSETS




 61,395


 160,526
  
CAPITAL AND RESERVES

 
Called up share capital
5
100
100
 
Profit and loss account
61,295
160,426
 
SHAREHOLDERS' FUNDS
 

 61,395

 160,526


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 September 2016 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.


The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 6 April 2017.


C. Kennedy
Mrs. S. Kennedy

Page 1

 
INTERALIA SERVICES LTD
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance

1.4
Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

1.6
Deferred taxation

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
Deferred tax assets and liabilities are not discounted.

Page 2

 
INTERALIA SERVICES LTD
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016

1.ACCOUNTING POLICIES (continued)

1.7
Long-term contracts

Profit on long-term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total expected costs for that contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on all contracts in the year in which they are first foreseen.


2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 October 2015
56,188

Additions
543

Disposals
(1,207)


At 30 September 2016

55,524



Depreciation


At 1 October 2015
35,765

Charge for the year
5,240

On disposals
(878)


At 30 September 2016

40,127




Net book value


At 30 September 2016
 15,397


At 30 September 2015

 20,423


3.CREDITORS:
Amounts falling due within one year

Bank loans and overdrafts totalling £80,994 are secured.
The H.P. liability due within one year of £1,787 is secured against the motor vehicle concerned.

 

4.CREDITORS:
Amounts falling due after more than one year
The H.P. liability due after one year of £5,578 is secured against the motor vehicle concerned.

Page 3

 
INTERALIA SERVICES LTD
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016

5.SHARE CAPITAL
        2016
        2015
        £

        £

Authorised, allotted, called up and fully paid



100 ordinary shares of £1 each
 100
 100

Page 4