IRIS Accounts Production v24.1.0.576 07833899 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078338992023-03-31078338992024-03-31078338992023-04-012024-03-31078338992022-03-31078338992022-04-012023-03-31078338992023-03-3107833899ns15:EnglandWales2023-04-012024-03-3107833899ns14:PoundSterling2023-04-012024-03-3107833899ns10:Director12023-04-012024-03-3107833899ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107833899ns10:SmallEntities2023-04-012024-03-3107833899ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107833899ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107833899ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107833899ns10:FullAccounts2023-04-012024-03-3107833899ns10:RegisteredOffice2023-04-012024-03-3107833899ns5:CurrentFinancialInstruments2024-03-3107833899ns5:CurrentFinancialInstruments2023-03-3107833899ns5:ShareCapital2024-03-3107833899ns5:ShareCapital2023-03-3107833899ns5:RetainedEarningsAccumulatedLosses2024-03-3107833899ns5:RetainedEarningsAccumulatedLosses2023-03-3107833899ns5:PlantMachinery2023-04-012024-03-3107833899ns5:PlantMachinery2023-03-3107833899ns5:PlantMachinery2024-03-3107833899ns5:PlantMachinery2023-03-3107833899ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107833899ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31078338991ns10:Director12023-03-31078338991ns10:Director12022-03-31078338991ns10:Director12023-04-012024-03-31078338991ns10:Director12022-04-012023-03-31078338991ns10:Director12024-03-31078338991ns10:Director12023-03-31
REGISTERED NUMBER: 07833899 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Itech400 Solutions Ltd

Itech400 Solutions Ltd (Registered number: 07833899)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Itech400 Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss L L Carpenter





REGISTERED OFFICE: 15 Park Road North
Newton-Le-Willows
Merseyside
WA12 9TF





REGISTERED NUMBER: 07833899 (England and Wales)






Itech400 Solutions Ltd (Registered number: 07833899)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 826 1,537

CURRENT ASSETS
Debtors 5 1,278 1,800
Cash at bank 74,332 77,816
75,610 79,616
CREDITORS
Amounts falling due within one year 6 576 754
NET CURRENT ASSETS 75,034 78,862
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,860

80,399

PROVISIONS FOR LIABILITIES 206 292
NET ASSETS 75,654 80,107

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,554 80,007
SHAREHOLDERS' FUNDS 75,654 80,107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Itech400 Solutions Ltd (Registered number: 07833899)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 April 2024 and were signed by:





Miss L L Carpenter - Director


Itech400 Solutions Ltd (Registered number: 07833899)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Itech400 Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Itech400 Solutions Ltd (Registered number: 07833899)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 7,755
DEPRECIATION
At 1 April 2023 6,218
Charge for year 711
At 31 March 2024 6,929
NET BOOK VALUE
At 31 March 2024 826
At 31 March 2023 1,537

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,278 1,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 127 236
Other creditors 449 518
576 754

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Miss L L Carpenter
Balance outstanding at start of year (111 ) (933 )
Amounts advanced 78,265 85,828
Amounts repaid (78,512 ) (85,006 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (358 ) (111 )

No formal terms of repayment have been agreed.