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Company Registration No. 06519283 (England and Wales)
It Invest Limited Unaudited accounts for the year ended 28 February 2023
It Invest Limited Unaudited accounts Contents
Page
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It Invest Limited Company Information for the year ended 28 February 2023
Director
Asif Hussain
Secretary
Rukhsana Ahmed
Company Number
06519283 (England and Wales)
Registered Office
Sheepcote Cottage 86 Lower Road Chalfont St. Peter Gerrards Cross SL9 8LB
Accountants
QP Accountants Ltd 97 Shelley Crescent Hounslow TW5 9BH
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It Invest Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
102 
136 
Current assets
Cash at bank and in hand
645 
745 
Creditors: amounts falling due within one year
(88)
(87)
Net current assets
557 
658 
Net assets
659 
794 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
658 
793 
Shareholders' funds
659 
794 
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 20 November 2023 and were signed on its behalf by
Asif Hussain Director Company Registration No. 06519283
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It Invest Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
It Invest Limited is a private company, limited by shares, registered in England and Wales, registration number 06519283. The registered office is Sheepcote Cottage 86 Lower Road, Chalfont St. Peter, Gerrards Cross, SL9 8LB.
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 remained unchanged from the previous year, and also 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.
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
25% Reducing Balance basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
7,600 
At 28 February 2023
7,600 
Depreciation
At 1 March 2022
7,464 
Charge for the year
34 
At 28 February 2023
7,498 
Net book value
At 28 February 2023
102 
At 28 February 2022
136 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
88 
87 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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