1 September 2022 false Taxfiler 2023.14 10910589business:PrivateLimitedCompanyLtd2022-09-012023-12-31 109105892022-08-31 109105892022-09-012023-12-31 10910589business:AuditExemptWithAccountantsReport2022-09-012023-12-31 10910589business:FilletedAccounts2022-09-012023-12-31 109105892023-12-31 10910589business:Director12022-09-012023-12-31 10910589business:CompanySecretary12022-09-012023-12-31 10910589business:RegisteredOffice2022-09-012023-12-31 109105892022-08-31 10910589core:WithinOneYear2023-12-31 10910589core:WithinOneYear2022-08-31 10910589core:AfterOneYear2023-12-31 10910589core:AfterOneYear2022-08-31 10910589core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10910589core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 10910589core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10910589core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 10910589core:PreviouslyStatedAmount2023-12-31 10910589core:PreviouslyStatedAmount2022-08-31 10910589business:SmallEntities2022-09-012023-12-31 10910589countries:EnglandWales2022-09-012023-12-31 10910589core:IntangibleAssetsOtherThanGoodwill2022-08-31 10910589core:IntangibleAssetsOtherThanGoodwill2023-12-31 10910589core:IntangibleAssetsOtherThanGoodwill2022-09-012023-12-31 109105892021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10910589 (England and Wales)
Iexpertini Limited Unaudited accounts for the period from 1 September 2022 to 31 December 2023
Iexpertini Limited Unaudited accounts Contents
Page
- 2 -
Iexpertini Limited Company Information for the period from 1 September 2022 to 31 December 2023
Director
Ahsan Habibi Syed
Secretary
Ahsan Habibi Syed
Company Number
10910589 (England and Wales)
Registered Office
71-75 Shelton Street Enfield Middlesex WC2H 9JQ United Kingdom
Accountants
Heartwood Accountants Limited 103 High Street Waltham Cross Herts EN87AN
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Iexpertini Limited for the period from 1 September 2022 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Iexpertini Limited for the period from 1 September 2022 to 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Iexpertini Limited, as a body, in accordance with the terms of our engagement letter dated 27 May 2020. Our work has been undertaken solely to prepare for your approval the accounts of Iexpertini Limited and state those matters that we have agreed to state to the Board of Directors of Iexpertini Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Iexpertini Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Iexpertini Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Iexpertini Limited. You consider that Iexpertini Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Iexpertini Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Heartwood Accountants Limited Chartered Accountants 103 High Street Waltham Cross Herts EN87AN 5 January 2024
- 4 -
Iexpertini Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
54,770 
91,283 
Current assets
Cash at bank and in hand
1,513 
56 
Creditors: amounts falling due within one year
(90,330)
(87,182)
Net current liabilities
(88,817)
(87,126)
Total assets less current liabilities
(34,047)
4,157 
Creditors: amounts falling due after more than one year
(29,819)
(35,519)
Net liabilities
(63,866)
(31,362)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(63,867)
(31,363)
Shareholders' funds
(63,866)
(31,362)
For the period ending 31 December 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 5 January 2024 and were signed on its behalf by
Ahsan Habibi Syed Director Company Registration No. 10910589
- 5 -
Iexpertini Limited Notes to the Accounts for the period from 1 September 2022 to 31 December 2023
1
Statutory information
Iexpertini Limited is a private company, limited by shares, registered in England and Wales, registration number 10910589. The registered office is 71-75 , Shelton Street, Enfield, Middlesex, WC2H 9JQ, 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.
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 period, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2022
91,283 
At 31 December 2023
91,283 
Amortisation
At 1 September 2022
- 
Charge for the period
36,513 
At 31 December 2023
36,513 
Net book value
At 31 December 2023
54,770 
At 31 August 2022
91,283 
- 6 -
Iexpertini Limited Notes to the Accounts for the period from 1 September 2022 to 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,400 
876 
Taxes and social security
6,008 
- 
Loans from directors
80,922 
86,306 
90,330 
87,182 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,819 
33,757 
Taxes and social security
- 
1,762 
29,819 
35,519 
7
Transactions with related parties
The company was under the control of A. H. Syed throughout the current period. A. H. Syed is personally interested in 100% of the company's issued share capital.
8
Average number of employees
During the period the average number of employees was 1 (2022: 1).
- 7 -