Company Registration No. 12169730 (England and Wales)
Instamod Site Services Ltd
Unaudited accounts
for the year ended 31 August 2024
Instamod Site Services Ltd
Unaudited accounts
Contents
Instamod Site Services Ltd
Company Information
for the year ended 31 August 2024
Directors
Mr J Bartram
Mr M Bielby
Company Number
12169730 (England and Wales)
Registered Office
2 EXETER STREET
NEW VILLAGE ROAD
COTTINGHAM
EAST YORKSHIRE
HU16 4LU
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Instamod Site Services Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
83,249
110,188
Cash at bank and in hand
339,379
264,474
Creditors: amounts falling due within one year
(221,523)
(156,112)
Net current assets
412,480
395,467
Total assets less current liabilities
495,729
505,655
Creditors: amounts falling due after more than one year
(19,993)
(32,678)
Provisions for liabilities
Deferred tax
(15,817)
(20,936)
Net assets
459,919
452,041
Called up share capital
106
106
Profit and loss account
459,813
451,935
Shareholders' funds
459,919
452,041
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by
Mr J Bartram
Director
Company Registration No. 12169730
Instamod Site Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Instamod Site Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12169730. The registered office is 2 EXETER STREET, NEW VILLAGE ROAD, COTTINGHAM, EAST YORKSHIRE, HU16 4LU, ENGLAND.
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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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
30% cost
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Instamod Site Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
145,063
6,560
151,623
Disposals
(13,221)
-
(13,221)
At 31 August 2024
131,842
6,664
138,506
At 1 September 2023
38,156
3,279
41,435
Charge for the year
18,618
1,617
20,235
On disposals
(6,413)
-
(6,413)
At 31 August 2024
50,361
4,896
55,257
At 31 August 2024
81,481
1,768
83,249
At 31 August 2023
106,907
3,281
110,188
Amounts falling due within one year
Trade debtors
213,937
216,928
Amounts due from group undertakings etc.
36,016
37,431
Accrued income and prepayments
1,889
3,869
Instamod Site Services Ltd
Notes to the Accounts
for the year ended 31 August 2024
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,485
16,266
Trade creditors
81,873
84,795
Taxes and social security
68,148
29,887
Other creditors
12,825
7,074
Loans from directors
9,000
14,137
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
19,993
32,678
Allotted, called up and fully paid:
106 Ordinary shares of £1 each
106
106
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Transactions with related parties
As at 31/08/2024 Instamod Site Services Ltd is owed £36,016 from Instamod Group Ltd.
Instamod Site Services Ltd is 100% owned by Instamod Group Ltd
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Average number of employees
During the year the average number of employees was 9 (2023: 7).