9 September 2022 false No description of principal activity Taxfiler 2024.5 14348006business:PrivateLimitedCompanyLtd2022-09-092023-09-30 143480062022-09-08 143480062022-09-092023-09-30 14348006business:AuditExemptWithAccountantsReport2022-09-092023-09-30 14348006business:AbridgedAccounts2022-09-092023-09-30 143480062023-09-30 14348006business:Director12022-09-092023-09-30 14348006business:RegisteredOffice2022-09-092023-09-30 14348006core:WithinOneYear2023-09-30 14348006core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 14348006core:RevaluationReservecore:PreviouslyStatedAmount2023-09-30 14348006core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 14348006core:PreviouslyStatedAmount2023-09-30 14348006business:SmallEntities2022-09-092023-09-30 14348006countries:EnglandWales2022-09-092023-09-30 14348006core:PlantMachinery2022-09-092023-09-30 14348006core:ComputerEquipment2022-09-092023-09-30 14348006core:AcceleratedTaxDepreciationDeferredTax2023-09-30 iso4217:GBP xbrli:pure
Invirtual Ltd Unaudited accounts Contents
Page
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Invirtual Ltd Company Information for the period from 9 September 2022 to 30 September 2023
Director
K Gora
Company Number
14348006 (England and Wales)
Registered Office
69 Eden Street Cambridge CB1 1EL
Accountants
TFA Accountants Limited Arena Business Centre Holyrood Close Poole Dorset BH17 7FJ
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Invirtual Ltd Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
13,792 
Tangible assets
5,240 
19,032 
Current assets
Debtors
8,197 
Cash at bank and in hand
21,942 
30,139 
Creditors: amounts falling due within one year
(25,645)
Net current assets
4,494 
Total assets less current liabilities
23,526 
Provisions for liabilities
Deferred tax
(1,048)
Net assets
22,478 
Capital and reserves
Called up share capital
1 
Revaluation reserve
573 
Profit and loss account
21,904 
Shareholders' funds
22,478 
For the period ending 30 September 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 3 September 2024 and were signed on its behalf by
K Gora Director Company Registration No. 14348006
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Invirtual Ltd Notes to the Accounts for the period from 9 September 2022 to 30 September 2023
1
Statutory information
Invirtual Ltd is a private company, limited by shares, registered in England and Wales, registration number 14348006. The registered office is 69 Eden Street, Cambridge, CB1 1EL.
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
These financial statements for the period from 9 September 2022 to 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 9 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at their revalued amount at the end of the year
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
3 year straight line
Computer equipment
3 year straight line
4
Intangible fixed assets
Total 
£ 
Cost
At 9 September 2022
- 
Additions
13,792 
At 30 September 2023
13,792 
Amortisation
At 9 September 2022
- 
At 30 September 2023
- 
Net book value
At 30 September 2023
13,792 
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Invirtual Ltd Notes to the Accounts for the period from 9 September 2022 to 30 September 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 9 September 2022
- 
Additions
6,804 
At 30 September 2023
6,804 
Depreciation
Charge for the period
1,564 
At 30 September 2023
1,564 
Net book value
At 30 September 2023
5,240 
6
Deferred taxation
2023 
£ 
Accelerated capital allowances
1,048 
2023 
£ 
Charged to the profit and loss account
1,048 
Provision at end of period
1,048 
7
Transactions with related parties
The director charged the company rent of £312. The director also made an interest free loan to the company of £5,586. The director reserves the right to charge the company interest at any stage.
8
Average number of employees
During the period the average number of employees was 1.
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