ISTHMUS LIMITED

Company Registration Number:
02568771 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ISTHMUS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ISTHMUS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 229 437
Total fixed assets: 229 437
Current assets
Debtors:   6,968 8,413
Cash at bank and in hand: 2,388 267
Total current assets: 9,356 8,680
Creditors: amounts falling due within one year:   (3,814) (3,076)
Net current assets (liabilities): 5,542 5,604
Total assets less current liabilities: 5,771 6,041
Total net assets (liabilities): 5,771 6,041
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,671 5,941
Shareholders funds: 5,771 6,041

The notes form part of these financial statements

ISTHMUS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2024
and signed on behalf of the board by:

Name: Peter M Norman
Status: Director

The notes form part of these financial statements

ISTHMUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

represents professional fees earned during the year excluding Value Added Tax

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. 25% straight line. Computer and Office Equipment 20% straight line. Office Furniture

ISTHMUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

ISTHMUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 26,118
At 31 December 2023 26,118
Depreciation
At 01 January 2023 25,681
Charge for year 208
At 31 December 2023 25,889
Net book value
At 31 December 2023 229
At 31 December 2022 437

ISTHMUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Changes in presentation and prior period adjustments

The year to 31st December 2022 included a balance of £9 VAT incorrectly recorded when a cheque was cancelled. This has been amended increasing the profit for the prior year by £9.

ISTHMUS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Name of the related party: Peter Norman
Relationship:
Director
Description of the Transaction: The Director made available a loan of £1,039 for the purposes of working capital. The loan was brought forward from the prior year.
£
Balance at 01 January 2023 1,039
Balance at 31 December 2023 1,039