Company Registration No. 08809947 (England and Wales)
Incartus Development South East Ltd
Unaudited accounts
for the year ended 31 December 2022
Incartus Development South East Ltd
Unaudited accounts
Contents
Incartus Development South East Ltd
Company Information
for the year ended 31 December 2022
Company Number
08809947 (England and Wales)
Registered Office
6-8 Revenge Road
Lordswood
Chatham
Kent
ME5 8UD
Incartus Development South East Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
18,397
23,331
Cash at bank and in hand
2,451
24,074
Creditors: amounts falling due within one year
(216,497)
(193,023)
Net current assets
153,506
158,264
Total assets less current liabilities
171,903
181,595
Creditors: amounts falling due after more than one year
(33,145)
(43,789)
Net assets
138,758
137,806
Called up share capital
100
100
Profit and loss account
138,658
137,706
Shareholders' funds
138,758
137,806
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 September 2023 and were signed on its behalf by
Paul Smith
Director
Company Registration No. 08809947
Incartus Development South East Ltd
Notes to the Accounts
for the year ended 31 December 2022
Incartus Development South East Ltd is a private company, limited by shares, registered in England and Wales, registration number 08809947. The registered office is 6-8 Revenge Road, Lordswood, Chatham, Kent, ME5 8UD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2022
98,333
17,900
116,233
At 31 December 2022
98,333
17,900
116,233
At 1 January 2022
78,777
14,125
92,902
Charge for the year
3,991
943
4,934
At 31 December 2022
82,768
15,068
97,836
At 31 December 2022
15,565
2,832
18,397
At 31 December 2021
19,556
3,775
23,331
Incartus Development South East Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
353,211
314,119
Other debtors
10,554
13,094
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Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
20,462
33,313
Trade creditors
42,049
54,914
Taxes and social security
33,509
40,263
Loans from directors
120,477
64,533
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Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).