1 April 2022 false No description of principal activity Taxfiler 2024.5 08929090business:PrivateLimitedCompanyLtd2022-04-012023-03-31 089290902022-03-31 089290902022-04-012023-03-31 08929090business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 08929090business:FilletedAccounts2022-04-012023-03-31 089290902023-03-31 08929090business:Director12022-04-012023-03-31 08929090business:Director22022-04-012023-03-31 08929090business:RegisteredOffice2022-04-012023-03-31 089290902022-03-31 08929090core:WithinOneYear2023-03-31 08929090core:WithinOneYear2022-03-31 08929090core:AfterOneYear2023-03-31 08929090core:AfterOneYear2022-03-31 08929090core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08929090core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 08929090core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08929090core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 08929090core:PreviouslyStatedAmount2023-03-31 08929090core:PreviouslyStatedAmount2022-03-31 08929090business:SmallEntities2022-04-012023-03-31 08929090countries:EnglandWales2022-04-012023-03-31 08929090core:PlantMachinery2022-04-012023-03-31 08929090core:PlantMachinery2022-03-31 08929090core:PlantMachinery2023-03-31 089290902021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08929090 (England and Wales)
IV Tactical Limited Unaudited accounts for the year ended 31 March 2023
IV Tactical Limited Unaudited accounts Contents
Page
- 2 -
IV Tactical Limited Company Information for the year ended 31 March 2023
Directors
Stephen James Taylor Nicala Taylor
Company Number
08929090 (England and Wales)
Registered Office
10 DIAL CLOSE SEEND MELKSHAM WILTSHIRE SN12 6NP ENGLAND
Accountants
Jay Accounting Services Ltd Suite A 82 James Carter Road Mildenhall Suffolk IP28 7DE
- 3 -
IV Tactical Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,081 
1,351 
Current assets
Inventories
12,757 
22,055 
Debtors
9,658 
4,599 
Cash at bank and in hand
453 
4,909 
22,868 
31,563 
Creditors: amounts falling due within one year
(13,333)
(17,311)
Net current assets
9,535 
14,252 
Total assets less current liabilities
10,616 
15,603 
Creditors: amounts falling due after more than one year
(10,749)
(14,096)
Provisions for liabilities
Other provisions
2,236 
(321)
Net assets
2,103 
1,186 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,102 
1,185 
Shareholders' funds
2,103 
1,186 
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 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 13 August 2024 and were signed on its behalf by
Stephen James Taylor Director Company Registration No. 08929090
- 4 -
IV Tactical Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
IV Tactical Limited is a private company, limited by shares, registered in England and Wales, registration number 08929090. The registered office is 10 DIAL CLOSE, SEEND, MELKSHAM, WILTSHIRE, SN12 6NP, 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:
Plant & machinery
20% on reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
2,173 
At 31 March 2023
2,173 
Depreciation
At 1 April 2022
822 
Charge for the year
270 
At 31 March 2023
1,092 
Net book value
At 31 March 2023
1,081 
At 31 March 2022
1,351 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,053 
- 
Trade debtors
405 
4,599 
Other debtors
7,200 
- 
9,658 
4,599 
- 5 -
IV Tactical Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
220 
- 
VAT
- 
1,547 
Trade creditors
5,697 
5,610 
Taxes and social security
629 
1,551 
Other creditors
3,810 
8,603 
Accruals
2,977 
- 
13,333 
17,311 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,749 
14,096 
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).
- 6 -