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Company Registration No. 11674006 (England and Wales)
Intentional Digital Ltd Unaudited accounts for the year ended 30 November 2023
Intentional Digital Ltd Unaudited accounts Contents
Page
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Intentional Digital Ltd Company Information for the year ended 30 November 2023
Director
D A Dosunmu
Company Number
11674006 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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Intentional Digital Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
471 
943 
Current assets
Debtors
11,195 
11,137 
Cash at bank and in hand
- 
3 
11,195 
11,140 
Creditors: amounts falling due within one year
(7,021)
(6,774)
Net current assets
4,174 
4,366 
Total assets less current liabilities
4,645 
5,309 
Creditors: amounts falling due after more than one year
(44,457)
(44,457)
Net liabilities
(39,812)
(39,148)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(39,813)
(39,149)
Shareholders' funds
(39,812)
(39,148)
For the year ending 30 November 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 her 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 21 August 2024 and were signed on its behalf by
D A Dosunmu Director Company Registration No. 11674006
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Intentional Digital Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Intentional Digital Ltd is a private company, limited by shares, registered in England and Wales, registration number 11674006. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
The financial statements have been prepared on a going concern basis due to the continued support of the company director.
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
25% Straight line
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Intentional Digital Ltd Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
3,772 
At 30 November 2023
3,772 
Depreciation
At 1 December 2022
2,829 
Charge for the year
472 
At 30 November 2023
3,301 
Net book value
At 30 November 2023
471 
At 30 November 2022
943 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
11,195 
11,137 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,821 
5,790 
Trade creditors
600 
480 
Accruals
600 
504 
7,021 
6,774 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
44,457 
44,457 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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