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REGISTERED NUMBER: 09378310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Interconstruction Ltd

Interconstruction Ltd (Registered number: 09378310)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Interconstruction Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: M Evans
CT Stevens





REGISTERED OFFICE: 49 Falmer Road
Rottingdean
Brighton
East Sussex
BN2 7DA





REGISTERED NUMBER: 09378310 (England and Wales)





ACCOUNTANTS: Sussex Accounting Solutions Ltd
7 The Green
Lewes Road
Ringmer
LEWES
East Sussex
BN8 5QG

Interconstruction Ltd (Registered number: 09378310)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,899 10,348

CURRENT ASSETS
Debtors 5 62,108 106,817
Cash at bank 156,027 102,971
218,135 209,788
CREDITORS
Amounts falling due within one year 6 40,365 57,042
NET CURRENT ASSETS 177,770 152,746
TOTAL ASSETS LESS CURRENT LIABILITIES 184,669 163,094

CREDITORS
Amounts falling due after more than one
year

7

(24,946

)

(34,142

)

PROVISIONS FOR LIABILITIES (1,311 ) -
NET ASSETS 158,412 128,952

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 158,410 128,950
158,412 128,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Interconstruction Ltd (Registered number: 09378310)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





CT Stevens - Director


Interconstruction Ltd (Registered number: 09378310)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Interconstruction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Interconstruction Ltd (Registered number: 09378310)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 13,798
DEPRECIATION
At 1 February 2022 3,450
Charge for year 3,449
At 31 January 2023 6,899
NET BOOK VALUE
At 31 January 2023 6,899
At 31 January 2022 10,348

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 23,607 28,737
Other debtors 38,501 78,080
62,108 106,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 9,890 10,341
Trade creditors - 2,291
Taxation and social security 22,999 33,894
Other creditors 7,476 10,516
40,365 57,042

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 24,946 34,142

Interconstruction Ltd (Registered number: 09378310)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.23 31.1.22
£    £   
Within one year 4,848 -
Between one and five years 4,848 -
9,696 -

9. RELATED PARTY DISCLOSURES

C. Stevens and M. Evans the directors and shareholders of this company, are also directors and shareholders of Interlec Brighton Ltd. During the year the company made purchases of £106,197 from Interlec Brighton Ltd. As at the year end no balance was outstanding.

C. Stevens and M. Evans the directors and shareholders of this company, are also directors and shareholders of Inter Rental Ltd. During the year the company loaned Inter Rental £4,500 and made sales of £6,179 to Inter Rental Ltd. As at the year end £4,500 was owed to this company.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.