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Company Registration No. 12290301 (England and Wales)
I Target Limited Unaudited accounts for the year ended 31 March 2023
I Target Limited Unaudited accounts Contents
Page
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I Target Limited Company Information for the year ended 31 March 2023
Director
REZAI, Ahmad
Company Number
12290301 (England and Wales)
Registered Office
33 Atlantic Road London London SW9 8JL England
Accountants
Ariana Accountants Ltd Greenside House 50 Station Road London N22 7DE
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I Target Limited Accountants' report
Accountants' report to the director of I Target Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I Target Limited for the year ended 31 March 2023 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of I Target Limited, as a body, in accordance with the terms of our engagement letter dated 27 March 2024. Our work has been undertaken solely to prepare for your approval the accounts of I Target Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I Target Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that I Target Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of I Target Limited. You consider that I Target Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of I Target Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ariana Accountants Ltd Greenside House 50 Station Road London N22 7DE 27 March 2024
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I Target Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
10,000 
10,000 
Debtors
283 
- 
Cash at bank and in hand
56,844 
75,034 
67,127 
85,034 
Creditors: amounts falling due within one year
(21,676)
(31,478)
Net current assets
45,451 
53,556 
Total assets less current liabilities
45,451 
53,556 
Creditors: amounts falling due after more than one year
- 
(50,000)
Net assets
45,451 
3,556 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,351 
3,456 
Shareholders' funds
45,451 
3,556 
For the year ending 31 March 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 27 March 2024 and were signed on its behalf by
REZAI, Ahmad Director Company Registration No. 12290301
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I Target Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
I Target Limited is a private company, limited by shares, registered in England and Wales, registration number 12290301. The registered office is 33 Atlantic Road, London, London, SW9 8JL, 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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
283 
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
21,676 
6,078 
Proposed dividends
- 
25,400 
21,676 
31,478 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
50,000 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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