Registered number
04312813
ISAKE INTERNATIONAL LIMITED
Filleted Accounts
31 December 2023
ISAKE INTERNATIONAL LIMITED
Registered number: 04312813
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,110 3,887
Current assets
Stocks 2,618 38,773
Debtors 4 18,838 11,508
Cash at bank and in hand 52,338 63,214
73,794 113,495
Creditors: amounts falling due within one year 5 (71,690) (107,825)
Net current assets 2,104 5,670
Total assets less current liabilities 5,214 9,557
Creditors: amounts falling due after more than one year 6 (12,108) (20,003)
Net liabilities (6,894) (10,446)
Capital and reserves
Called up share capital 166 166
Profit and loss account (7,060) (10,612)
Shareholders' funds (6,894) (10,446)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Xavier Rene Chapelou
Director
Approved by the board on 20 September 2024
ISAKE INTERNATIONAL LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover and profit before taxation are attributable to the principal activity of the company.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipments 20%
Fixtures, fittings, tools and equipment 20%
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2023 14,468 3,861 18,329
At 31 December 2023 14,468 3,861 18,329
Depreciation
At 1 January 2023 11,425 3,017 14,442
Charge for the year 608 169 777
At 31 December 2023 12,033 3,186 15,219
Net book value
At 31 December 2023 2,435 675 3,110
At 31 December 2022 3,043 844 3,887
4 Debtors 2023 2022
£ £
Trade debtors 18,838 11,508
5 Creditors: amounts falling due within one year 2023 2022
£ £
Accruals 1,995 2,834
Bank loans and overdrafts 8,519 8,519
Director's Account 23,818 43,318
Director's Account 23,997 43,497
Loan - Director 1 1
Trade creditors 5,079 1,027
Net wages 3,200 3,200
Taxation and social security costs 5,081 5,429
71,690 107,825
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 12,108 20,003
7 Contingent liabilities
The directors have confirmed that there were no contingent liabilities which should be disclosed at 31 December 2023.
8 Related party transactions
The company operates from premises owned by the directors and shared expenses amounting to £1,200 (2022 £2,880).

The directors current account balance at the balance sheet date was £43,318 (2022 £23,918) & £24,097 (2022 £43,497) for each of the directors. There will be no interest payable on these credit balances.

Likewise to the previous year, no dividend has been paid during this year as well.

The shares are equally owned by both directors therefore they jointly controls the company.
9 Other information
ISAKE INTERNATIONAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
54 NewlandsTerrace
157 Queenstown Road
London
SW8 3RN
10 Going Concern
The directors have reviewed a period of 12 months from approval of these financial statements and concluded the company is able to meel all its liabilities as they fall due. As a result it is appropriate to prepare the accounts on a going concern basis.
ISAKE INTERNATIONAL LIMITED 04312813 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Mr Xavier Rene Chapelou No description of principal activity 04312813 2022-01-01 2022-12-31 04312813 core:WithinOneYear 2022-12-31 04312813 core:AfterOneYear 2022-12-31 04312813 core:ShareCapital 2022-12-31 04312813 core:RetainedEarningsAccumulatedLosses 2022-12-31 04312813 2023-01-01 2023-12-31 04312813 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04312813 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04312813 bus:Director40 2023-01-01 2023-12-31 04312813 core:PlantMachinery 2023-01-01 2023-12-31 04312813 core:Vehicles 2023-01-01 2023-12-31 04312813 countries:England 2023-01-01 2023-12-31 04312813 bus:FRS102 2023-01-01 2023-12-31 04312813 bus:FilletedAccounts 2023-01-01 2023-12-31 04312813 2023-12-31 04312813 core:WithinOneYear 2023-12-31 04312813 core:AfterOneYear 2023-12-31 04312813 core:ShareCapital 2023-12-31 04312813 core:RetainedEarningsAccumulatedLosses 2023-12-31 04312813 core:PlantMachinery 2023-12-31 04312813 core:Vehicles 2023-12-31 04312813 2022-12-31 04312813 core:PlantMachinery 2022-12-31 04312813 core:Vehicles 2022-12-31 iso4217:GBP xbrli:pure