Company Registration No. 04954778 (England and Wales)
Iskra Inter Commerce Ltd
Unaudited accounts
for the year ended 31 December 2022
Iskra Inter Commerce Ltd
Unaudited accounts
Contents
Iskra Inter Commerce Ltd
Company Information
for the year ended 31 December 2022
Directors
Part Master Oleg Davydulin
Iveta Holilande
Secretary
Omega Agents Limited
Company Number
04954778 (England and Wales)
Registered Office
13 John Prince's Street
2nd Floor
London
W1G 0JR
United Kingdom
Iskra Inter Commerce Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
220,115
220,115
Investments
178,784
178,784
Inventories
372,225
296,569
Cash at bank and in hand
351,239
581,501
Creditors: amounts falling due within one year
(1,057,553)
(615,749)
Net current assets
1,112,949
861,538
Total assets less current liabilities
1,511,848
1,260,437
Creditors: amounts falling due after more than one year
(1,385,389)
(1,299,195)
Net assets/(liabilities)
126,459
(38,758)
Called up share capital
2
2
Profit and loss account
126,457
(38,760)
Shareholders' funds
126,459
(38,758)
For the year ending 31 December 2022 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 29 September 2023 and were signed on its behalf by
Part Master Oleg Davydulin
Director
Company Registration No. 04954778
Iskra Inter Commerce Ltd
Notes to the Accounts
for the year ended 31 December 2022
Iskra Inter Commerce Ltd is a private company, limited by shares, registered in England and Wales, registration number 04954778. The registered office is 13 John Prince's Street, 2nd Floor, London, W1G 0JR, United Kingdom.
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.
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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
218,866
1,249
220,115
At 31 December 2022
218,866
1,249
220,115
At 31 December 2022
218,866
1,249
220,115
At 31 December 2021
218,866
1,249
220,115
Iskra Inter Commerce Ltd
Notes to the Accounts
for the year ended 31 December 2022
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 January 2022
178,593
191
178,784
Valuation at 31 December 2022
178,593
191
178,784
The company holds more than 20% of the share capital of the company:
Hidroen Automative LLC / Republic of Belarus / Ordinary Shares / 63%
Rinova Inc / Republic of Belarus / Ordinary Shares / 22.5%
Lando Polska Sp.z.o.o. / Poland / Ordinary Shares / 100%
Amounts falling due within one year
Trade debtors
502,422
459,516
Accrued income and prepayments
811,268
-
Other debtors
1,431
18,200
Amounts falling due after more than one year
Other debtors
131,917
121,501
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
735,747
254,541
Taxes and social security
38,754
3,325
Other creditors
283,052
357,883
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
1,385,389
1,299,195
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 5 (2021: 5).