Company Registration No. 08286231 (England and Wales)
Intelligentsia Inc Limited
Unaudited accounts
for the year ended 30 November 2023
Intelligentsia Inc Limited
Unaudited accounts
Contents
Intelligentsia Inc Limited
Company Information
for the year ended 30 November 2023
Director
Mr. Ravi Krishna Kammily
Secretary
Mrs. Sireesha Kollala
Company Number
08286231 (England and Wales)
Registered Office
70 Bradwell Road
Bradville
Milton Keynes
MK13 7AD
Intelligentsia Inc Limited
Statement of financial position
as at 30 November 2023
Tangible assets
4,845
6,460
Cash at bank and in hand
5,622
5,919
Creditors: amounts falling due within one year
(19,978)
(40,895)
Net current assets
7,583
9,393
Total assets less current liabilities
12,428
15,853
Creditors: amounts falling due after more than one year
(11,335)
(15,360)
Provisions for liabilities
Called up share capital
20
20
Profit and loss account
617
17
Shareholders' funds
637
37
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 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 17 August 2024 and were signed on its behalf by
Mr. Ravi Krishna Kammily
Director
Company Registration No. 08286231
Intelligentsia Inc Limited
Notes to the Accounts
for the year ended 30 November 2023
Intelligentsia Inc Limited is a private company, limited by shares, registered in England and Wales, registration number 08286231. The registered office is 70 Bradwell Road, Bradville, Milton Keynes, MK13 7AD.
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:
Computer equipment
25% reduce balance basis
4
Tangible fixed assets
Computer equipment
At 30 November 2023
14,471
Amounts falling due after more than one year
Other debtors
21,939
44,369
Intelligentsia Inc Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,489
5,470
Taxes and social security
9,671
23,406
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
44,369
-
22,430
21,939
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).