ITS2 UK LTD
Statement of financial position
as at 2 March 2024
Cash at bank and in hand
137
1,175
Creditors: amounts falling due within one year
(672)
(974)
Net current (liabilities)/assets
(535)
226
Net (liabilities)/assets
(535)
355
Called up share capital
1,000
1,000
Profit and loss account
(1,535)
(645)
Shareholders' funds
(535)
355
For the period ending 2 March 2024 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 6 March 2024 and were signed on its behalf by
Pawel CHWIECKO
Director
Company Registration No. 08542651
ITS2 UK LTD
Notes to the Accounts
for the period from 1 June 2023 to 2 March 2024
ITS2 UK LTD is a private company, limited by shares, registered in England and Wales, registration number 08542651. The registered office is OFFICE 7 35/37 LUDGATE HILL, LONDON, EC4M 7JN, 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.
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.
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.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
672
416
ITS2 UK LTD
Notes to the Accounts
for the period from 1 June 2023 to 2 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan taken
416
256
-
672
8
Average number of employees
During the period the average number of employees was 2 (2023: 2).