COMPANY REGISTRATION NUMBER:
05300209
Intellect Technology Limited |
|
Filleted Unaudited Abridged Financial Statements |
|
Intellect Technology Limited |
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Abridged Statement of Financial Position (continued) |
|
31 January 2024
Capital and reserves
Called up share capital |
|
105 |
105 |
Profit and loss account |
|
(
4,506) |
(
4,031) |
|
|
------- |
------- |
Shareholders deficit |
|
(
4,401) |
(
3,926) |
|
|
------- |
------- |
|
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 31st January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31st January 2024 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
16 October 2025
, and are signed on behalf of the board by:
Mr W R C S Dixon |
|
Director |
|
|
|
Company registration number:
05300209
Intellect Technology Limited |
|
Notes to the Abridged Financial Statements |
|
Year ended 31st January 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Lowther Street, Whitehaven, Cumbria, CA28 7AL.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Going concern
The company is supported by the shareholders and directors of the company, who will continue to support the company for the foreseeable future. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.
(c)
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
(d)
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.