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Company Registration No. 07891914 (England and Wales)
IT, SCIENCE CONSULTING & RESEARCH LTD Unaudited accounts for the year ended 31 December 2023
IT, SCIENCE CONSULTING & RESEARCH LTD Unaudited accounts Contents
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IT, SCIENCE CONSULTING & RESEARCH LTD Company Information for the year ended 31 December 2023
Directors
Gediminas Griskevicius Roberta Gataulina-Griskeviciene
Company Number
07891914 (England and Wales)
Registered Office
WESLEY OFFICES 74 SILVER STREET NAILSEA BRISTOL BS48 2DS
Accountants
Tempo Accounting Limited 74 Silver Street Nailsea Bristol N. Somerset BS48 2DS
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IT, SCIENCE CONSULTING & RESEARCH LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
578 
256 
Current assets
Debtors
18,806 
10,124 
Cash at bank and in hand
66,641 
27,079 
85,447 
37,203 
Creditors: amounts falling due within one year
(58,900)
(21,026)
Net current assets
26,547 
16,177 
Net assets
27,125 
16,433 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,025 
16,333 
Shareholders' funds
27,125 
16,433 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Gediminas Griskevicius Director Company Registration No. 07891914
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IT, SCIENCE CONSULTING & RESEARCH LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
IT, SCIENCE CONSULTING & RESEARCH LTD is a private company, limited by shares, registered in England and Wales, registration number 07891914. The registered office is WESLEY OFFICES 74 SILVER STREET, NAILSEA, BRISTOL, BS48 2DS.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
14,116 
Additions
865 
At 31 December 2023
14,981 
Depreciation
At 1 January 2023
13,860 
Charge for the year
543 
At 31 December 2023
14,403 
Net book value
At 31 December 2023
578 
At 31 December 2022
256 
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IT, SCIENCE CONSULTING & RESEARCH LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,806 
2,633 
Other debtors
- 
7,491 
18,806 
10,124 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
111 
111 
Taxes and social security
49,717 
19,916 
Other creditors
3,400 
999 
Loans from directors
5,672 
- 
58,900 
21,026 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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