4486017 2014-10-01 false true 2015-09-302015-09-30 4486017 2014-10-01 2015-09-30 4486017 2015-09-30 4486017 2014-09-30 4486017 c:MotorVehicles 2014-10-01 2015-09-30 4486017 d:OrdinaryShareClass1 2015-09-30 4486017 d:OrdinaryShareClass1 2014-09-30 4486017 d:OrdinaryShareClass1 2014-10-01 2015-09-30 4486017 d:Director1 2014-10-01 2015-09-30 4486017 c:OfficeEquipment 2014-10-01 2015-09-30 4486017 c:PlantMachinery 2014-10-01 2015-09-30 4486017 c:ProvisionsForDeferredTaxation 2014-09-30 xbrli:shares iso4217:GBP

Registered number: 4486017









INTERALIA SERVICES LTD







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2015

 
INTERALIA SERVICES LTD
REGISTERED NUMBER: 4486017

ABBREVIATED BALANCE SHEET
AS AT 30 SEPTEMBER 2015

2015
2014
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
20,423
18,267
 
CURRENT ASSETS





 
Stocks
5,900
6,129

 
Debtors
3
350,708
569,491

 
Cash at bank

28,010
-







 
384,618
575,620
 
CREDITORS: amounts falling due within one year
4
(235,737)
(456,954)
 
NET CURRENT ASSETS


148,881

118,666
 
TOTAL ASSETS LESS CURRENT LIABILITIES
169,304
136,933
 
CREDITORS: amounts falling due after more than one year
5
(5,578)

-
 
PROVISIONS FOR LIABILITIES





 
Deferred tax
(3,200)
(2,600)

NET ASSETS




 160,526


 134,333
  
CAPITAL AND RESERVES

 
Called up share capital
6
100
100
 
Profit and loss account
160,426
134,233
 
SHAREHOLDERS' FUNDS
 

 160,526

 134,333


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 2015 and of its profit 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 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 May 2016.


C. Kennedy

Page 1

 
INTERALIA SERVICES LTD
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2015

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 April 2008).

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
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.

1.5
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.

1.6
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.

Page 2

 
INTERALIA SERVICES LTD
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2015

2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 October 2014
55,983

Additions
11,890

Disposals
(11,685)


At 30 September 2015

56,188



Depreciation


At 1 October 2014
37,716

Charge for the year
7,537

On disposals
(9,488)


At 30 September 2015

35,765




Net book value


At 30 September 2015
 20,423


At 30 September 2014

 18,267

 
3.DEBTORS
 

Included within other debtors due within one year are loans to Mr. C. Kennedy, a director, and his wife, Mrs. S. Kennedy amounting to a total sum of £10,220 (2014 - £19,468).  There is no set date for repayment and no interest is charged.

 

4.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.

 

5.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.


6.SHARE CAPITAL
        2015
        2014
        £

        £

Authorised, allotted, called up and fully paid



100 ordinary shares of £1 each
 100
 100

Page 3