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REGISTERED NUMBER: 11894905 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 31 March 2022

for

Ministry Protective Ltd

Ministry Protective Ltd (Registered number: 11894905)

Contents of the Financial Statements
For The Year Ended 31 March 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Ministry Protective Ltd

Company Information
For The Year Ended 31 March 2022







DIRECTORS: K A Paynter
G R Maxwell





REGISTERED OFFICE: Suite 64
Waterhouse Business Centre
2 Cromar Way
Chelmsford
Essex
CM1 2QE





REGISTERED NUMBER: 11894905 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET

Ministry Protective Ltd (Registered number: 11894905)

Statement of Financial Position
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,238 2,451

CURRENT ASSETS
Debtors 5 33,778 16,975
Cash at bank 117,775 66,114
151,553 83,089
CREDITORS
Amounts falling due within one year 6 90,052 61,700
NET CURRENT ASSETS 61,501 21,389
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,739

23,840

CREDITORS
Amounts falling due after more than one
year

7

(12,698

)

(16,667

)

PROVISIONS FOR LIABILITIES 9 (403 ) (466 )
NET ASSETS 69,638 6,707

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 69,637 6,706
SHAREHOLDERS' FUNDS 69,638 6,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2022 and were signed on its behalf by:



K A Paynter - Director


Ministry Protective Ltd (Registered number: 11894905)

Notes to the Financial Statements
For The Year Ended 31 March 2022


1. STATUTORY INFORMATION

Ministry Protective Ltd 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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no estimates and assumptions which have had a significant risk of causing a material adjustment to the carrying amount of assets and liabilities

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Government grants
Grants relating to revenue are recognised as income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Government grants have been presented as other operating income in the Income Statement.

Ministry Protective Ltd (Registered number: 11894905)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11:'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues ' of FRS 102 to all of its financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

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 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.

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.

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 9 (2021 - 5 ) .

Ministry Protective Ltd (Registered number: 11894905)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2021 - 3,100 926 4,026
Additions 3,159 20,339 334 23,832
Disposals - (3,100 ) - (3,100 )
At 31 March 2022 3,159 20,339 1,260 24,758
DEPRECIATION
At 1 April 2021 - 1,356 219 1,575
Charge for year 291 2,619 391 3,301
Eliminated on disposal - (1,356 ) - (1,356 )
At 31 March 2022 291 2,619 610 3,520
NET BOOK VALUE
At 31 March 2022 2,868 17,720 650 21,238
At 31 March 2021 - 1,744 707 2,451

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 26,248 15,183
Other debtors 7,530 1,792
33,778 16,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 4,000 3,333
Trade creditors 30,737 12,889
Taxation and social security 50,239 25,507
Other creditors 5,076 19,971
90,052 61,700

Included within bank loans and overdrafts is a loan taken out under the BBL scheme.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 12,698 16,667

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable after
more than five years - 667
- 667

Ministry Protective Ltd (Registered number: 11894905)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022


8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 16,698 20,000

9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 403 466

Deferred
tax
£   
Balance at 1 April 2021 466
Provided during year (63 )
Balance at 31 March 2022 403

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1 Ordinary £1 1 1