Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11980001 Ms Rachel Sestini Mr Yasin Salehmohamed Sestini & Co Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11980001 2022-12-31 11980001 2023-12-31 11980001 2023-01-01 2023-12-31 11980001 frs-core:ShareCapital 2023-12-31 11980001 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11980001 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11980001 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 11980001 frs-bus:SmallEntities 2023-01-01 2023-12-31 11980001 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11980001 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11980001 frs-core:CostValuation 2022-12-31 11980001 frs-core:CostValuation 2023-12-31 11980001 frs-bus:Director1 2023-01-01 2023-12-31 11980001 frs-bus:Director2 2023-01-01 2023-12-31 11980001 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11980001 frs-countries:EnglandWales 2023-01-01 2023-12-31 11980001 2021-12-31 11980001 2022-12-31 11980001 2022-01-01 2022-12-31 11980001 frs-core:ShareCapital 2022-12-31 11980001 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11980001
Indi-Phase Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 11980001
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 2,044 2,044
2,044 2,044
CURRENT ASSETS
Debtors 935,726 751,443
Cash at bank and in hand 778 3,864
936,504 755,307
Creditors: Amounts Falling Due Within One Year (947,246 ) (763,064 )
NET CURRENT ASSETS (LIABILITIES) (10,742 ) (7,757 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,698 ) (5,713 )
NET LIABILITIES (8,698 ) (5,713 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (8,798 ) (5,813 )
SHAREHOLDERS' FUNDS (8,698) (5,713)
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Rachel Sestini
Director
26/09/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Indi-Phase Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11980001 . The registered office is Paulton House Old Mills, Paulton, Bristol, BS39 7SX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investments
Total
£
Cost
As at 1 January 2023 2,044
As at 31 December 2023 2,044
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 2,044
As at 1 January 2023 2,044
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3