Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31true2023-01-01falseNo description of principal activity1010falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11928475 2023-01-01 2023-12-31 11928475 2022-01-01 2022-12-31 11928475 2023-12-31 11928475 2022-12-31 11928475 c:Director1 2023-01-01 2023-12-31 11928475 d:MotorVehicles 2023-01-01 2023-12-31 11928475 d:MotorVehicles 2023-12-31 11928475 d:MotorVehicles 2022-12-31 11928475 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11928475 d:OfficeEquipment 2023-01-01 2023-12-31 11928475 d:OfficeEquipment 2023-12-31 11928475 d:OfficeEquipment 2022-12-31 11928475 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11928475 d:ComputerEquipment 2023-01-01 2023-12-31 11928475 d:ComputerEquipment 2023-12-31 11928475 d:ComputerEquipment 2022-12-31 11928475 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11928475 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 11928475 d:CurrentFinancialInstruments 2023-12-31 11928475 d:CurrentFinancialInstruments 2022-12-31 11928475 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11928475 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11928475 d:ShareCapital 2023-12-31 11928475 d:ShareCapital 2022-12-31 11928475 d:RetainedEarningsAccumulatedLosses 2023-12-31 11928475 d:RetainedEarningsAccumulatedLosses 2022-12-31 11928475 c:FRS102 2023-01-01 2023-12-31 11928475 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11928475 c:FullAccounts 2023-01-01 2023-12-31 11928475 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11928475 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11928475










INTEGRATED OFFICE SUPPORT SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 7


 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INTEGRATED OFFICE SUPPORT SERVICES LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Integrated Office Support Services Limited for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes 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 Integrated Office Support Services Limited, as a body, in accordance with the terms of our engagement letter dated 15 May 2019Our work has been undertaken solely to prepare for your approval the financial statements of Integrated Office Support Services Limited  and state those matters that we have agreed to state to the Board of directors of Integrated Office Support Services Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Integrated Office Support Services Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Integrated Office Support Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Integrated Office Support Services Limited. You consider that Integrated Office Support Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Integrated Office Support 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.

  


BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
28 March 2024
Page 1

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
REGISTERED NUMBER: 11928475

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
43,589
55,159

 
CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
30,678
11,601

Cash at bank and in hand
 6 
194,007
183,106

  
224,685
194,707

Creditors: amounts falling due within one year
 7 
(169,633)
(159,776)

NET CURRENT ASSETS
  
 
 
55,052
 
 
34,931

  

NET ASSETS
  
98,641
90,090


CAPITAL AND RESERVES
  

Called up share capital 
  
2
2

Profit and loss account
  
98,639
90,088

  
98,641
90,090


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 March 2024.



R BERELOWITZ
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 2).

The following principal accounting policies have been applied:

 
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES (CONTINUED)

 
1.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
1.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance and straight line basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Reducing balance
Office equipment
-
20%
Straight line
Computer equipment
-
20%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.8

CASH AND CASH EQUIVALENTS

Cash is represented by 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.

 
1.9

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.10

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Page 4

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES (CONTINUED)


1.10
FINANCIAL INSTRUMENTS (CONTINUED)

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Company’s accounting policies, which are described in note 1, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those 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 if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. 


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 10 (2022 - 10).

Page 5

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


TANGIBLE FIXED ASSETS





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



COST OR VALUATION


At 1 January 2023
57,505
1,458
13,454
72,417


Additions
-
767
-
767



At 31 December 2023

57,505
2,225
13,454
73,184



DEPRECIATION


At 1 January 2023
11,501
583
5,174
17,258


Charge for the year on owned assets
9,201
445
2,691
12,337



At 31 December 2023

20,702
1,028
7,865
29,595



NET BOOK VALUE



At 31 December 2023
36,803
1,197
5,589
43,589



At 31 December 2022
46,004
875
8,280
55,159


5.


DEBTORS

2023
2022
£
£


Trade debtors
25,500
-

Other debtors
50
5,964

Prepayments and accrued income
5,128
5,637

30,678
11,601



6.


CASH AND CASH EQUIVALENTS

2023
2022
£
£

Cash at bank and in hand
194,007
183,106


Page 6

 
INTEGRATED OFFICE SUPPORT SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Corporation tax
1,262
-

Other taxation and social security
43,773
40,633

Accruals and deferred income
124,598
119,143

169,633
159,776



8.


PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £nil (2022 - £nil) were payable to the fund at the balance sheet date and are included in creditors.


Page 7