Company Registration No. 11412589 (England and Wales)
ILLMATIC LTD
Unaudited accounts
for the year ended 30 June 2023
ILLMATIC LTD
Unaudited accounts
Contents
ILLMATIC LTD
Company Information
for the year ended 30 June 2023
Directors
Agnieszka SZCZEPANCZYK
Tomasz SZCZEPANCZYK
Company Number
11412589 (England and Wales)
Registered Office
26 BRENTWICK GARDENS
LONDON
TW8 9QL
UNITED KINGDOM
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
ILLMATIC LTD
Statement of financial position
as at 30 June 2023
Tangible assets
9,423
11,803
Cash at bank and in hand
78,952
95,769
Creditors: amounts falling due within one year
(124,149)
(80,448)
Net current assets
127,803
104,781
Total assets less current liabilities
137,226
116,584
Creditors: amounts falling due after more than one year
(11,500)
(17,500)
Called up share capital
100
100
Profit and loss account
125,626
98,984
Shareholders' funds
125,726
99,084
For the year ending 30 June 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 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 5 March 2024 and were signed on its behalf by
Tomasz SZCZEPANCZYK
Director
Company Registration No. 11412589
ILLMATIC LTD
Notes to the Accounts
for the year ended 30 June 2023
ILLMATIC LTD is a private company, limited by shares, registered in England and Wales, registration number 11412589. The registered office is 26 BRENTWICK GARDENS, LONDON, TW8 9QL, 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
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
24,157
4,402
28,559
At 30 June 2023
24,157
6,855
31,012
At 1 July 2022
13,966
2,790
16,756
Charge for the year
2,548
2,285
4,833
At 30 June 2023
16,514
5,075
21,589
At 30 June 2023
7,643
1,780
9,423
At 30 June 2022
10,191
1,612
11,803
Amounts falling due within one year
Other debtors
173,000
33,000
ILLMATIC LTD
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Trade creditors
88,737
6,674
Taxes and social security
27,572
40,504
Loans from directors
2,142
708
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
The total loan made advanced to Mr. Tomasz SZCZEPANCZYK, The director of the company amounts to £173,000 (2022: £33,000). This loan is repayable on demand and subject to interest at 3% per annum. The loan remains outstanding as of the balance sheet date.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).