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Registered Number: 12653013
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 30 June 2024

for

USEFUL INTERNATIONAL LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 570  712 
Current assets 268  1,053 
Creditors: amount falling due within one year (7,496) (2,014)
Net current assets (7,228) (961)
Total assets less current liabilities (6,658) (249)
Net assets (6,658) (249)
 
Capital and reserves (6,658) (249)
 
  1. For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Mark Lobban
Director

Date approved: 01 August 2024
1
Statutory Information
USEFUL INTERNATIONAL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12653013, registration address 27 Hazelbank Road, London, SE6 1LN, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment20 Reducing Balance
Website cost
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
2.

Tangible fixed assets

Cost or Valuation Computer Equipment   Total
  £   £
At 01 July 2023 1,120    1,120 
Additions  
Disposals  
At 30 June 2024 1,120    1,120 
Depreciation
At 01 July 2023 408    408 
Charge for year 142    142 
On disposals  
At 30 June 2024 550    550 
Net book values
Closing balance as at 30 June 2024 570    570 
Opening balance as at 01 July 2023 712    712 

3.

Average number of employees

Average number of employees during the year was 0  (2023: 0).
2