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Company Registration No. 11849418 (England and Wales)
ISUK LTD Unaudited accounts for the year ended 31 March 2023
ISUK LTD Unaudited accounts Contents
Page
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ISUK LTD Company Information for the year ended 31 March 2023
Director
Indira SAGANTI
Company Number
11849418 (England and Wales)
Registered Office
214 SECOND FLOOR HIGH STREET HOUNSLOW TW3 1HB ENGLAND
Accountants
Orb7 Accountants 53 Peartree Drive Farnworth Bolton Lancashire BL49RR
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ISUK LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
2,929 
48,178 
Creditors: amounts falling due within one year
(14,872)
(1,067)
Net current (liabilities)/assets
(11,943)
47,111 
Total assets less current liabilities
(11,943)
47,111 
Creditors: amounts falling due after more than one year
(45,209)
(50,000)
Net liabilities
(57,152)
(2,889)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(57,153)
(2,890)
Shareholders' funds
(57,152)
(2,889)
For the year ending 31 March 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 8 December 2023 and were signed on its behalf by
Indira SAGANTI Director Company Registration No. 11849418
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ISUK LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
ISUK LTD is a private company, limited by shares, registered in England and Wales, registration number 11849418. The registered office is 214 SECOND FLOOR HIGH STREET, HOUNSLOW, TW3 1HB, 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 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.
Turnover
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.
Inventories
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.
Pension costs
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.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
652 
Loans from directors
14,472 
- 
Accruals
400 
415 
14,872 
1,067 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
45,209 
50,000 
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ISUK LTD Notes to the Accounts for the year ended 31 March 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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