Company Registration No. 06191964 (England and Wales)
Independent Industrial Resources Ltd
Unaudited accounts
for the year ended 31 March 2024
Independent Industrial Resources Ltd
Unaudited accounts
Contents
Independent Industrial Resources Ltd
Company Information
for the year ended 31 March 2024
Company Number
06191964 (England and Wales)
Registered Office
1ST FLOOR
43 GRIMSBY ROAD
CLEETHORPES
LINCOLNSHIRE
DN35 7AQ
Accountants
George Nicholls
1st Floor
43 Grimsby Road
Cleethorpes
NE Lincs
DN35 7AQ
Independent Industrial Resources Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
7,127
8,889
Cash at bank and in hand
43,791
38,696
Creditors: amounts falling due within one year
(6,041)
(4,380)
Net current assets
37,750
34,316
Total assets less current liabilities
44,877
43,205
Creditors: amounts falling due after more than one year
(5,114)
(8,714)
Called up share capital
100
100
Profit and loss account
39,663
34,391
Shareholders' funds
39,763
34,491
For the year ending 31 March 2024 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 3 September 2024 and were signed on its behalf by
P Hutchinson
Director
Company Registration No. 06191964
Independent Industrial Resources Ltd
Notes to the Accounts
for the year ended 31 March 2024
Independent Industrial Resources Ltd is a private company, limited by shares, registered in England and Wales, registration number 06191964. The registered office is 1ST FLOOR, 43 GRIMSBY ROAD, CLEETHORPES, LINCOLNSHIRE, DN35 7AQ.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
415
20,414
20,829
At 31 March 2024
415
20,414
20,829
At 1 April 2023
230
11,710
11,940
Charge for the year
16
1,746
1,762
At 31 March 2024
246
13,456
13,702
At 31 March 2024
169
6,958
7,127
At 31 March 2023
185
8,704
8,889
Independent Industrial Resources Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,046
3,385
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,114
8,714
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2023: 1).