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Company Registration No. 08416144 (England and Wales)
IHEAR LIMITED Unaudited accounts for the year ended 31 March 2024
IHEAR LIMITED Unaudited accounts Contents
Page
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IHEAR LIMITED Company Information for the year ended 31 March 2024
Director
Naveed Akram
Company Number
08416144 (England and Wales)
Registered Office
5 RYEDALE KIRKHEATON HUDDERSFIELD HD5 0HT
Accountants
PRIME ACCOUNTANTS 10 LOCKWOOD HOUSE LOCKWOOD PARK HUDDERSFIELD HD4 6EN
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IHEAR LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
3,350 
- 
Cash at bank and in hand
63,162 
21,628 
66,512 
21,628 
Creditors: amounts falling due within one year
(66,411)
(19,677)
Net current assets
101 
1,951 
Net assets
101 
1,951 
Capital and reserves
Called up share capital
101 
100 
Profit and loss account
- 
1,851 
Shareholders' funds
101 
1,951 
For the year ending 31 March 2024 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 18 June 2024 and were signed on its behalf by
Naveed Akram Director Company Registration No. 08416144
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IHEAR LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IHEAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08416144. The registered office is 5 RYEDALE, KIRKHEATON, HUDDERSFIELD, HD5 0HT.
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% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Other tangible fixed assets
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
699 
At 31 March 2024
699 
Depreciation
At 1 April 2023
699 
At 31 March 2024
699 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,350 
- 
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IHEAR LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
21,019 
5,450 
Other creditors
18,271 
949 
Loans from directors
25,512 
13,278 
Accruals
1,609 
- 
66,411 
19,677 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 B Ordinary Shares of £1 each
1 
- 
101 
100 
Shares issued during the period:
1 B Ordinary Shares of £1 each
1 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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