Company Registration No. 14227246 (England and Wales)
IN TOTO ED LTD
Unaudited accounts
for the year ended 31 August 2023
IN TOTO ED LTD
Unaudited accounts
Contents
IN TOTO ED LTD
Company Information
for the year ended 31 August 2023
Director
Mr Simon John Gunton
Company Number
14227246 (England and Wales)
Registered Office
ST AGNES HOUSE CRESSWELL PARK
BLACKHEATH
LONDON
SE3 9RD
ENGLAND
Accountants
ESDG ACCOUNTANCY LTD
44 ROYAL PARADE MEWS
BLACKHEATH
LONDON
SE3 0TN
IN TOTO ED LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
51,546
Creditors: amounts falling due within one year
(365,877)
Net current liabilities
(29,787)
For the year ending 31 August 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 17 April 2024 and were signed on its behalf by
Mr Simon John Gunton
Director
Company Registration No. 14227246
IN TOTO ED LTD
Notes to the Accounts
for the year ended 31 August 2023
IN TOTO ED LTD is a private company, limited by shares, registered in England and Wales, registration number 14227246. The registered office is ST AGNES HOUSE CRESSWELL PARK, BLACKHEATH, LONDON, SE3 9RD, 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.
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
33.33% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
-
-
-
-
Additions
13,276
19,852
1,279
34,407
At 31 August 2023
13,276
19,852
1,279
34,407
Charge for the year
1,177
3,168
274
4,619
At 31 August 2023
1,177
3,168
274
4,619
At 31 August 2023
12,099
16,684
1,005
29,788
IN TOTO ED LTD
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
117,633
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans made to directors
-
107,681
-
107,681
8
Average number of employees
During the year the average number of employees was 30.