19 May 2024 false No description of principal activity Taxfiler 2024.6 15729171 business:PrivateLimitedCompanyLtd 2024-05-19 2025-05-31 15729171 2024-05-18 15729171 2024-05-19 2025-05-31 15729171 business:AuditExemptWithAccountantsReport 2024-05-19 2025-05-31 15729171 business:AbridgedAccounts 2024-05-19 2025-05-31 15729171 2025-05-31 15729171 core:WithinOneYear 2025-05-31 15729171 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 15729171 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 15729171 core:PreviouslyStatedAmount 2025-05-31 15729171 business:SmallEntities 2024-05-19 2025-05-31 15729171 business:Director2 2024-05-19 2025-05-31 15729171 countries:EnglandWales 2024-05-19 2025-05-31 15729171 business:RegisteredOffice 2024-05-19 2025-05-31 15729171 core:PlantMachinery 2024-05-19 2025-05-31 15729171 core:MotorVehicles 2024-05-19 2025-05-31 15729171 core:FurnitureFittings 2024-05-19 2025-05-31 15729171 core:ComputerEquipment 2024-05-19 2025-05-31 15729171 business:OrdinaryShareClass1 2024-05-19 2025-05-31 15729171 core:BetweenOneFiveYears 2025-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15729171 (England and Wales)
Install Solutions - Display & Graphics Ltd Unaudited accounts for the period from 19 May 2024 to 31 May 2025
Install Solutions - Display & Graphics Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Tangible assets
4
25,465
Current assets
Inventories
500
Debtors
60,116
Cash at bank and in hand
27,878
88,494
Creditors: amounts falling due within one year
(57,216)
Net current assets
31,278
Total assets less current liabilities
56,743
Provisions for liabilities
Deferred tax
(5,839)
Net assets
50,904
Capital and reserves
Called up share capital
5
2
Profit and loss account
50,902
Shareholders' funds
50,904
For the period ending 31 May 2025 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 25 September 2025 and were signed on its behalf by
Christopher Wildie Director Company Registration No. 15729171
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Install Solutions - Display & Graphics Ltd Notes to the Accounts for the period from 19 May 2024 to 31 May 2025
1
Statutory information
Install Solutions - Display & Graphics Ltd is a private company, limited by shares, registered in England and Wales, registration number 15729171. The registered office is Unit 3 Elephant & Castle Yard, Westgate, Wakefield, WF1 1EW, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Leased assets
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.
Current taxation
Current tax, including UK corporation tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted, or substantively enacted, by the balance sheet date.
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Install Solutions - Display & Graphics Ltd Notes to the Accounts for the period from 19 May 2024 to 31 May 2025
Deferred taxation
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 are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the balance sheet date and are expected to apply to the reversal of the timing difference.
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.
4
Tangible fixed assets
Total
£
Cost or valuation
At 19 May 2024
-
Additions
28,171
At 31 May 2025
28,171
Depreciation
Charge for the period
2,706
At 31 May 2025
2,706
Net book value
At 31 May 2025
25,465
5
Share capital
2025
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
Shares issued during the period:
2 Ordinary shares of £1 each
2
6
Operating lease commitments
2025
£
At 31 May 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
37,369
Later than one year and not later than five years
123,335
160,704
7
Average number of employees
During the period the average number of employees was 2.
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