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Company registration number: 04455406
Initiative Quality & Safety Limited
Trading as Initiative Quality & Safety Limited
Unaudited filleted financial statements
30 June 2023
Initiative Quality & Safety Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Initiative Quality & Safety Limited
Directors and other information
Directors Mr Mark Thompson
Mr Gavin Hedge
Mrs Melanie Thompson
Secretary Mark Thompson
Company number 04455406
Registered office The Coach House
Greensforge
Kingswinford
West Midlands
DY6 0AH
Business address The Croft
Blakeshall Lane
Blakeshall - Wolverley
DY11 5XR
Bankers HSBC Bank PLC
120 High Street
Brierley Hill
West Midlands
DY5 3BD
Initiative Quality & Safety Limited
Statement of financial position
30 June 2023
2023 2022
£ £ £ £
Fixed assets 105,054 118,971
_______ _______
Current assets 436,410 342,045
Prepayments and accrued income - 2,938
_______ _______
436,410 344,983
Creditors: amounts falling due within one year ( 136,272) ( 121,927)
_______ _______
Net current assets 300,138 223,056
_______ _______
Total assets less current liabilities 405,192 342,027
Provisions for liabilities ( 23,750) ( 23,750)
Accruals and deferred income ( 20,217) ( 6,210)
_______ _______
Net assets 361,225 312,067
_______ _______
Capital and reserves 361,225 312,067
_______ _______
Initiative Quality & Safety Limited
Year ended 30 June 2023
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2022: 6 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Mark Thompson ( 19,842) ( 7,777) ( 27,619)
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Mark Thompson ( 43,494) 23,652 ( 19,842)
_______ _______ _______
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 24 August 2023 , and are signed on behalf of the board by:
Mr Mark Thompson
Director
Company registration number: 04455406
The company is a private company limited by shares, registered in England & Wales.