Company registration number 11008070 (England and Wales)
IAL PROFESSIONAL SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
IAL PROFESSIONAL SERVICES LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF IAL PROFESSIONAL SERVICES LIMITED FOR THE YEAR ENDED 31 MARCH 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of IAL Professional Services Limited for the year ended 31 March 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of IAL Professional Services Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IAL Professional Services Limited and state those matters that we have agreed to state to the board of directors of IAL Professional Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IAL Professional Services Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that IAL Professional Services Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that IAL Professional Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of IAL Professional Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
23 November 2023
Chartered Accountants
5 Peveril Court
6-8 London Road
Crawley
West Sussex
RH10 8JE
IAL PROFESSIONAL SERVICES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
1,582
1,977
Current assets
3,637
13,598
Prepayments and accrued income
400
571
Creditors: amounts falling due within one year
(10,088)
(12,940)
Net current (liabilities)/assets
(6,051)
1,229
Total assets less current liabilities
(4,469)
3,206
Net (liabilities)/assets
(4,469)
3,206
Capital and reserves
(4,469)
3,206
Notes to the financial statements
1
Employees
The average number of persons employed by the company during the year was 2 (2022 - 2).
IAL Professional Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 269 Findon Road, Findon Valley, Worthing, West Sussex, BN14 0HA.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 November 2023 and are signed on its behalf by:
Mr I A Lane
Mrs N Lane
Director
Director
Company Registration Number 11008070