TOTAL ICT SERVICES (N.I.) LIMITED

Company Registration Number:
NI059632 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

TOTAL ICT SERVICES (N.I.) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TOTAL ICT SERVICES (N.I.) LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The principal activity of the company comprises that of design, sale and support of computer products



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Don Scanlon
John Duddy
Shane Morton
Nicole Morton


Secretary Nicole Morton

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 September 2024

And signed on behalf of the board by:
Name: Don Scanlon
Status: Director

TOTAL ICT SERVICES (N.I.) LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 694,173 774,559
Cost of sales: ( 524,864 ) ( 594,975 )
Gross profit(or loss): 169,309 179,584
Distribution costs: 0 0
Administrative expenses: ( 147,502 ) ( 156,280 )
Other operating income: 0 0
Operating profit(or loss): 21,807 23,304
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 21,807 23,304
Tax: ( 4,156 ) ( 3,699 )
Profit(or loss) for the financial year: 17,651 19,605

TOTAL ICT SERVICES (N.I.) LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,789 2,541
Total fixed assets: 1,789 2,541
Current assets
Stocks: 4 4,529 4,445
Debtors: 5 516,605 514,691
Cash at bank and in hand: 62,057 18,269
Investments:   0 0
Total current assets: 583,191 537,405
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 111,534 ) ( 84,151 )
Net current assets (liabilities): 471,657 453,254
Total assets less current liabilities: 473,446 455,795
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 473,446 455,795
Capital and reserves
Called up share capital: 100 100
Other reserves: 473,346 455,695
Total Shareholders' funds: 473,446 455,795

The notes form part of these financial statements

TOTAL ICT SERVICES (N.I.) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 20 September 2024
and signed on behalf of the board by:

Name: Don Scanlon
Status: Director

The notes form part of these financial statements

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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: Sale of goods, Revenue from the sale of goods is recognised when all of the following conditions are satisfied: the Company has transferred the significant risks and rewards of ownership to the buyer; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the transaction; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. 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.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Fixtures and fittings - 20% Computer equipment - 33% 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.

    Intangible fixed assets amortisation policy

    Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 8

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 10,363 2,705 13,068
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 10,363 2,705 13,068
Depreciation
At 1 January 2023 7,822 2,705 10,527
Charge for year 752 752
On disposals
Other adjustments
At 31 December 2023 8,574 2,705 11,279
Net book value
At 31 December 2023 1,789 0 1,789
At 31 December 2022 2,541 0 2,541

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 4,529 4,445
Total 4,529 4,445

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Trade debtors 95,182 145,719
Prepayments and accrued income 32,937 44,747
Other debtors 388,486 324,225
Total 516,605 514,691
Debtors due after more than one year: 0 0

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 25,902 14,826
Taxation and social security 43,470 29,507
Accruals and deferred income 33,506 35,318
Other creditors 8,656 4,500
Total 111,534 84,151

TOTAL ICT SERVICES (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Financial Commitments

The company had no capital commitments as at 31 December 2023.