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Company Registration No. 13397823 (England and Wales)
INCREASE RENTAL SALES LTD Unaudited accounts for the year ended 31 May 2023
INCREASE RENTAL SALES LTD Unaudited accounts Contents
Page
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INCREASE RENTAL SALES LTD Company Information for the year ended 31 May 2023
Director
Ayman Abd-Elaziz
Company Number
13397823 (England and Wales)
Registered Office
7 WATER MEAD COULSDON SURREY CR5 3NT ENGLAND
Accountants
Tax Data Ltd 4 Marlpit Lane Coulsdon Surrey CR5 2HA
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INCREASE RENTAL SALES LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,587 
256 
Current assets
Cash at bank and in hand
381 
177 
Creditors: amounts falling due within one year
(1,943)
(918)
Net current liabilities
(1,562)
(741)
Net assets/(liabilities)
25 
(485)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
23 
(487)
Shareholders' funds
25 
(485)
For the year ending 31 May 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 19 February 2024 and were signed on its behalf by
Ayman Abd-Elaziz Director Company Registration No. 13397823
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INCREASE RENTAL SALES LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
INCREASE RENTAL SALES LTD is a private company, limited by shares, registered in England and Wales, registration number 13397823. The registered office is 7 WATER MEAD, COULSDON, SURREY, CR5 3NT, 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.
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
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
101 
240 
341 
Additions
284 
1,576 
1,860 
At 31 May 2023
385 
1,816 
2,201 
Depreciation
At 1 June 2022
25 
60 
85 
Charge for the year
90 
439 
529 
At 31 May 2023
115 
499 
614 
Net book value
At 31 May 2023
270 
1,317 
1,587 
At 31 May 2022
76 
180 
256 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,253 
24 
Loans from directors
690 
544 
Accruals
- 
350 
1,943 
918 
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INCREASE RENTAL SALES LTD Notes to the Accounts for the year ended 31 May 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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