Company Registration No. 08416144 (England and Wales)
IHEAR LIMITED
Unaudited accounts
for the year ended 31 March 2024
IHEAR LIMITED
Unaudited accounts
Contents
IHEAR LIMITED
Company Information
for the year ended 31 March 2024
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
IHEAR LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
63,162
21,628
Creditors: amounts falling due within one year
(66,411)
(19,677)
Net current assets
101
1,951
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
IHEAR LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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
Amounts falling due within one year
Accrued income and prepayments
3,350
-
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
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
1 B Ordinary Shares of £1 each
1
-
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).