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Company Registration No. 11370602 (England and Wales)
INTER HOME STORE DEALS LTD Accounts for the year ended 31 May 2024
INTER HOME STORE DEALS LTD Accounts Contents
Page
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INTER HOME STORE DEALS LTD Company Information for the year ended 31 May 2024
Director
Georgios Gkouzelis
Company Number
11370602 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET FIRST FLOOR LONDON W1W 7LT ENGLAND
Accountants
ABN Accounting Limited 85 Great Portland Street First Floor London United Kingdom W1W 7LT
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INTER HOME STORE DEALS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,853 
2,386 
Debtors
75 
- 
Cash at bank and in hand
510 
882 
2,438 
3,268 
Creditors: amounts falling due within one year
(5,034)
(4,965)
Net current liabilities
(2,596)
(1,697)
Net liabilities
(2,596)
(1,697)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,696)
(1,797)
Shareholders' funds
(2,596)
(1,697)
For the year ending 31 May 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 14 September 2024 and were signed on its behalf by
Georgios Gkouzelis Director Company Registration No. 11370602
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INTER HOME STORE DEALS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
INTER HOME STORE DEALS LTD is a private company, limited by shares, registered in England and Wales, registration number 11370602. The registered office is 85 GREAT PORTLAND STREET, FIRST FLOOR, LONDON, W1W 7LT, ENGLAND.
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, value added tax and other sales taxes. 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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
75 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
5,034 
4,965 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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