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REGISTERED NUMBER: 14433265 (England and Wales)















Intercity Fibre Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Intercity Fibre Limited (Registered number: 14433265)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Intercity Fibre Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J L Smith





REGISTERED OFFICE: 5 London Road
Rainham
United Kingdom
Kent
ME8 7RG





BUSINESS ADDRESS: 81 Windermere Drive
Rainham
Kent
ME8 9DX





REGISTERED NUMBER: 14433265 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Intercity Fibre Limited (Registered number: 14433265)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,087 -

CURRENT ASSETS
Debtors 5 31,007 11,448
Cash at bank 9,994 8,482
41,001 19,930
CREDITORS
Amounts falling due within one year 6 19,825 18,736
NET CURRENT ASSETS 21,176 1,194
TOTAL ASSETS LESS CURRENT LIABILITIES 23,263 1,194

PROVISIONS FOR LIABILITIES 522 -
NET ASSETS 22,741 1,194

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,641 1,094
22,741 1,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Intercity Fibre Limited (Registered number: 14433265)

Statement of Financial Position - continued
31 March 2024


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 22 October 2024 and were signed by:





J L Smith - Director


Intercity Fibre Limited (Registered number: 14433265)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Intercity Fibre 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost.

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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Intercity Fibre Limited (Registered number: 14433265)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 2,146
At 31 March 2024 2,146
DEPRECIATION
Charge for year 59
At 31 March 2024 59
NET BOOK VALUE
At 31 March 2024 2,087

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,206 5,945
Other debtors 23,801 5,503
31,007 11,448

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 17,522 3,587
Other creditors 2,303 15,149
19,825 18,736

7. OTHER FINANCIAL COMMITMENTS

The company has total lease commitments at 31 March 2024 of £27,858.