Instant Installations Limited |
Registered Number:02560441 |
For the period ended 30 September 2024
England and Wales
Unaudited Financial Statements
Instant Installations Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
174,607
149,419
2
174,607
149,419
71,101
413,846
3
Trade and other receivables |
1,056,205
1,253,639
4
336,170
Cash and cash equivalents |
46,956
1,714,441
1,463,476
Trade and other payables: amounts falling due within one |
year |
(1,031,520)
(1,465,848)
5
431,956
248,593
Net current assets
Total assets less current liabilities |
423,200
581,375
Trade and other payables: amounts falling due after more |
than one year |
(61,992)
(58,623)
6
(15,289)
(20,086)
Provisions for liabilities |
349,288
Net assets
499,297
10,000
10,000
339,288
489,297
349,288
499,297
Shareholders' funds
For the period ended 30 September 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 of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 11 November 2024 and were signed by: |
1 of 5
For the period ended 30 September 2024
Instant Installations Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the period ended 30 September 2024
Instant Installations Limited
Notes to the Financial Statements
Statutory Information
Instant Installations Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 02560441. |
Units 8 & 9
Hasland Road
Chesterfield
S41 0RN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
For the period ended 30 September 2024
Instant Installations Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
422,147
8,884
16,391
75,130
274,610
47,132
47,742
475
-
16,750
13,133
17,384
64,516
91,880
16,391
9,359
469,889
287,743
Provision for depreciation and impairment |
272,728
6,248
9,654
45,941
210,885
-
Charge for period
22,554
1,342
650
7,893
12,669
-
295,282
7,590
10,304
53,834
223,554
-
64,516
64,189
38,046
6,087
1,769
174,607
47,132
63,725
29,189
6,737
2,636
149,419
2023
2024
413,846
71,101
4. Trade and other receivables |
2023
2024
1,152,064
989,792
101,575
66,413
1,056,205
1,253,639
4 of 5
For the period ended 30 September 2024
Instant Installations Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
394,848
502,634
764,933
357,193
Taxation and social security |
171,372
131,146
134,695
40,547
1,465,848
1,031,520
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
31,482
36,111
27,141
25,881
58,623
61,992
7. Average number of persons employed |
During the year the average number of employees was 27 (2023 : 27)
5 of 5