IRTE SERVICES LIMITED

Company Registration Number:
02854868 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

IRTE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

IRTE SERVICES LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The IRTE Services Limited activities include trading activities that support the Charity, the Society of Operations Engineers. The IRTE Workshop Accreditation Scheme and management and administration of Commercial Vehicle Show via the Commercial Vehicle Show Limited Liability Partnership.



Directors

The directors shown below have held office during the period of
1 January 2023 to 31 October 2023

Martin Bryce
Chris Grime
Gary Bulley
Sid Sadique


The director shown below has held office during the period of
1 January 2023 to 31 August 2023

Ian Jones


The director shown below has held office during the period of
2 November 2023 to 31 December 2023

John Edward Eastman


The director shown below has held office during the period of
1 January 2023 to 31 August 2023

Shaun Stephenson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 August 2024

And signed on behalf of the board by:
Name: John Edward Eastman
Status: Director

IRTE SERVICES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 417,624 389,917
Cost of sales: ( 317,990 ) ( 309,943 )
Gross profit(or loss): 99,634 79,974
Distribution costs: 0 0
Administrative expenses: ( 7,547 ) ( 7,160 )
Other operating income: 60,607 302,198
Operating profit(or loss): 152,694 375,012
Interest receivable and similar income: 4,956 583
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 157,650 375,595
Tax: ( 32 ) 0
Profit(or loss) for the financial year: 157,618 375,595

IRTE SERVICES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 100,000 100,000
Total fixed assets: 100,000 100,000
Current assets
Stocks:   0 0
Debtors: 4 183,339 124,193
Cash at bank and in hand: 213,238 413,924
Investments:   0 0
Total current assets: 396,577 538,117
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 206,277 ) ( 347,785 )
Net current assets (liabilities): 190,300 190,332
Total assets less current liabilities: 290,300 290,332
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 290,300 290,332
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 290,200 290,232
Total Shareholders' funds: 290,300 290,332

The notes form part of these financial statements

IRTE SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: John Edward Eastman
Status: Director

The notes form part of these financial statements

IRTE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Accounting policies re joint venture, risks

IRTE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

IRTE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed assets investments note

Its share of the investment in a joint venture

IRTE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 118,094 27,786
Prepayments and accrued income 0 0
Other debtors 65,245 96,407
Total 183,339 124,193
Debtors due after more than one year: 0 0

IRTE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 7,257 4,784
Taxation and social security 0 0
Accruals and deferred income 17,925 14,050
Other creditors 181,095 328,951
Total 206,277 347,785