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REGISTERED NUMBER: 08027330 (England and Wales)












ITG MANAGEMENT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






ITG MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08027330)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ITG MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr I Turnbull





SECRETARY: Mrs N Turnbull





REGISTERED OFFICE: 2,
Burgess Gardens
Newport Pagnell
Buckinghamshire
MK16 0NS





REGISTERED NUMBER: 08027330 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

ITG MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08027330)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
CURRENT ASSETS
Debtors 4 14,993 17,532
Cash at bank 17,669 18,329
32,662 35,861
CREDITORS
Amounts falling due within one year 5 29,664 26,652
NET CURRENT ASSETS 2,998 9,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,998

9,209

CAPITAL AND RESERVES
Called up share capital 6 10 10
Retained earnings 7 2,988 9,199
SHAREHOLDERS' FUNDS 2,998 9,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2024 and were signed by:





Mr I Turnbull - Director


ITG MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08027330)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

ITG Management Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services supplied to clients during the year. Turnover is recognised at the earlier of invoice being raised or service provided.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 14,950 17,492
Prepayments 43 40
14,993 17,532

ITG MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08027330)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 346 181
Tax 27,632 23,014
Social security and other taxes 111 111
VAT - 2,108
Directors' current accounts 475 178
Accrued expenses 1,100 1,060
29,664 26,652

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
10 Ordinary £1 10 10

7. RESERVES
Retained
earnings
£   

At 1 May 2023 9,199
Profit for the year 90,789
Dividends (97,000 )
At 30 April 2024 2,988

8. ULTIMATE CONTROLLING PARTY

Mr Ian Turnbull, the director of the company, controls the company by virtue of holding 80 per cent of the issued ordinary share capital.