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REGISTERED NUMBER: 10033813 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Installation Services Group Limited

Installation Services Group Limited (Registered number: 10033813)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Installation Services Group Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs C L D Dronsfield
A L Dronsfield





SECRETARY:





REGISTERED OFFICE: 100 Liverpool Road
Cadishead
Manchester
Greater Manchester
M44 5AN





REGISTERED NUMBER: 10033813 (England and Wales)





ACCOUNTANTS: Bob Jones & Associates Ltd
100 Liverpool Road
Cadishead
Manchester
Greater Manchester
M44 5AN

Installation Services Group Limited (Registered number: 10033813)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,342 35,697

CURRENT ASSETS
Stocks 135,450 120,705
Debtors 5 206,836 239,810
Cash at bank 11,805 28,107
354,091 388,622
CREDITORS
Amounts falling due within one year 6 196,853 183,327
NET CURRENT ASSETS 157,238 205,295
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,580

240,992

CREDITORS
Amounts falling due after more than one
year

7

(106,630

)

(113,027

)

PROVISIONS FOR LIABILITIES (5,765 ) -
NET ASSETS 75,185 127,965

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,085 127,865
75,185 127,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Installation Services Group Limited (Registered number: 10033813)

Balance Sheet - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by:





A L Dronsfield - Director


Installation Services Group Limited (Registered number: 10033813)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Installation Services Group Limited 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.

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.
Land and buildings - 15% on reducing balance
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 7 (2022 - 4 ) .

Installation Services Group Limited (Registered number: 10033813)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2022
and 31 March 2023 26,392 10,000 17,746 5,371 59,509
DEPRECIATION
At 1 April 2022 9,230 6,229 7,523 830 23,812
Charge for year 2,575 565 1,534 681 5,355
At 31 March 2023 11,805 6,794 9,057 1,511 29,167
NET BOOK VALUE
At 31 March 2023 14,587 3,206 8,689 3,860 30,342
At 31 March 2022 17,162 3,771 10,223 4,541 35,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 182,318 197,164
Other debtors 24,518 42,646
206,836 239,810

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 24,953 26,240
Trade creditors 83,611 45,189
Taxation and social security 74,408 103,046
Other creditors 13,881 8,852
196,853 183,327

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 106,630 102,411
Other creditors - 10,616
106,630 113,027

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,191 -