Company Registration No. 10628682 (England and Wales)
ILLUSTREETS LIMITED
Unaudited accounts
for the year ended 31 December 2023
ILLUSTREETS LIMITED
Unaudited accounts
Contents
ILLUSTREETS LIMITED
Company Information
for the year ended 31 December 2023
Directors
Katya Koval - Timita
Manuel Timita
Company Number
10628682 (England and Wales)
Registered Office
Kemp House
152-160 City Road
London
EC1V 2NX
United Kingdom
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
ILLUSTREETS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
5,463
8,133
Cash at bank and in hand
31,463
7,514
Creditors: amounts falling due within one year
(2,458)
(2,071)
Net current assets
74,501
7,250
Called up share capital
100
100
Profit and loss account
79,864
15,283
Shareholders' funds
79,964
15,383
For the year ending 31 December 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 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 10 June 2024 and were signed on its behalf by
Manuel Timita
Director
Company Registration No. 10628682
ILLUSTREETS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
ILLUSTREETS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10628682. The registered office is Kemp House, 152-160 City Road, London, EC1V 2NX, United Kingdom.
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 year, 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.
The turnover shown in the profit and loss account represents revenue earned during the period excluding VAT.
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
33.33% on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
7,304
4,308
11,612
At 31 December 2023
8,053
4,308
12,361
At 1 January 2023
2,280
1,199
3,479
Charge for the year
1,983
1,436
3,419
At 31 December 2023
4,263
2,635
6,898
At 31 December 2023
3,790
1,673
5,463
At 31 December 2022
5,024
3,109
8,133
ILLUSTREETS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
44,538
-
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
462
Taxes and social security
210
128
Loans from directors
2,248
1,481
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.01 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).