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REGISTERED NUMBER: 02400278 (England and Wales)








TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: D Hall
Mrs J S Hall
M Kurczij
P Williams





SECRETARY: Mrs J S Hall





REGISTERED OFFICE: Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR





REGISTERED NUMBER: 02400278 (England and Wales)





ACCOUNTANTS: Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR

TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

BALANCE SHEET
31 December 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 56,528 57,741

CURRENT ASSETS
Debtors 5 687,652 1,294,563
Cash at bank and in hand 890,624 683,435
1,578,276 1,977,998
CREDITORS
Amounts falling due within one year 6 (462,684 ) (853,596 )
NET CURRENT ASSETS 1,115,592 1,124,402
TOTAL ASSETS LESS CURRENT LIABILITIES 1,172,120 1,182,143

CREDITORS
Amounts falling due after more than one year 7 - (196,667 )

PROVISIONS FOR LIABILITIES 10 (45,859 ) (39,085 )
NET ASSETS 1,126,261 946,391

CAPITAL AND RESERVES
Called up share capital 1,960 1,960
Share premium 480,308 480,308
Retained earnings 643,993 464,123
SHAREHOLDERS' FUNDS 1,126,261 946,391

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

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

TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

BALANCE SHEET - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 June 2024 and were signed on its behalf by:





D Hall - Director


TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023


1. STATUTORY INFORMATION

Total Integrated Construction Services 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.

The principal place of business is 68 High Street, Weybridge, Surrey, KT13 8BL.

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.

Preparation of consolidated financial statements
The financial statements contain information about Total Integrated Construction Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of consideration received or receivable and represents amounts receivable for sale of services, in the ordinary nature of business, excluding Value Added Tax.

Tangible fixed assets
Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for intended use.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

On disposal, the difference between net proceeds and the carrying amount of the item sold is recognised in the profit and loss account and is included in administrative expenses.

Financial instruments
Financial instruments are classified by directors as basic or non-basic following the conditions on FRS 102 Section 11. Basic financial instruments are initially measured at transaction price (including transaction cost) and subsequently recognised at amortised cost using the effective interest method. The company does not have any non-basic financial instruments.

Current tax
Current tax is the amount of corporation tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end.


TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account over the lease term. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight line basis over the lease term.

Provisions for liabilities
Provisions are recognised in the financial statements for all expected future cash outflows arising in respect of lease dilapidations. A provision is provided for when the company has a contractual obligation under the agreed lease term to return the premises to its original order. The expected costs are charged to the profit and loss account on a straight line basis over the term of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 100,064
Additions 14,215
Disposals (10,853 )
At 31 December 2023 103,426
DEPRECIATION
At 1 January 2023 42,323
Charge for year 9,782
Eliminated on disposal (5,207 )
At 31 December 2023 46,898
NET BOOK VALUE
At 31 December 2023 56,528
At 31 December 2022 57,741

TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 433,610 553,927
Amounts owed by group undertakings 113,841 484,209
Other debtors 140,201 256,427
687,652 1,294,563

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts (see note 8) - 520,000
Trade creditors 57,438 56,095
Taxation and social security 323,681 254,619
Other creditors 81,565 22,882
462,684 853,596

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans (see note 8) - 196,667

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£ £
Amounts falling due within one year or on demand:
Bank loans - 520,000

Amounts falling due between two and five years:
Bank loans - 2-5 years - 196,667

The bank loan in 2022 relates to a Coronavirus Business Interruption Loan Scheme of £1m, repayable over 6 years, at an interest rate of 1.87% above the base rate. The company opted to repay the loan in full, during the 2023 financial year.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 35,000 35,000
Between one and five years 23,397 58,397
58,397 93,397

TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED (REGISTERED NUMBER: 02400278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023


10. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 15,540 10,210
Other provisions 30,319 28,875
45,859 39,085

Deferred Other
tax provisions
£ £
Balance at 1 January 2023 10,210 28,875
Provided during year 5,330 1,444
Increase in provisions during
the year
Balance at 31 December 2023 15,540 30,319

Deferred tax represents accelerated capital allowances.

Other provisions represents dilapidations provisions in respect of a property rental operating lease.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

20222021
£   £   
Balance outstanding at start of year22,07621,538
Amounts advanced 552538
Amounts repaid
Amounts written off-
Amounts waived-
Balance outstanding at end of year 22,62822,076

The outstanding balance is repayable on demand and accrues interest at 2.5%.

12. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

There is a cross guarantee in place in respect of bank facilities of group companies and the company has allowed fixed and floating charges over the company's assets as security in respect of this.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TOTAL INTEGRATED CONSTRUCTION SERVICES
LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Total Integrated Construction Services Limited for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Total Integrated Construction Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Total Integrated Construction Services Limited and state those matters that we have agreed to state to the Board of Directors of Total Integrated Construction Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Integrated Construction Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Total Integrated Construction 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 Total Integrated Construction Services Limited. You consider that Total Integrated Construction 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 Total Integrated Construction 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.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Directors, who obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.






Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR


21 June 2024