Company Registration No. 07147852 (England and Wales)
In2Com UK Limited
Unaudited accounts
for the year ended 31 January 2024
In2Com UK Limited
Unaudited accounts
Contents
In2Com UK Limited
Company Information
for the year ended 31 January 2024
Company Number
07147852 (England and Wales)
Registered Office
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
In2Com UK Limited
Statement of financial position
as at 31 January 2024
Tangible assets
7,541
8,822
Cash at bank and in hand
43,377
66,143
Creditors: amounts falling due within one year
(99,133)
(86,434)
Net current assets
275,378
301,121
Net assets
282,919
309,943
Called up share capital
1
1
Profit and loss account
282,918
309,942
Shareholders' funds
282,919
309,943
For the year ending 31 January 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2024 and were signed on its behalf by
Mark Hennessy
Director
Company Registration No. 07147852
In2Com UK Limited
Notes to the Accounts
for the year ended 31 January 2024
In2Com UK Limited is a private company, limited by shares, registered in England and Wales, registration number 07147852. The registered office is The Old Post Office, 137-139 Long Street, Dordon, Staffordshire, B78 1SH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land & buildings
Over 50 years
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2023
4,507
11,293
15,800
At 31 January 2024
4,507
11,293
15,800
At 1 February 2023
450
6,528
6,978
Charge for the year
90
1,191
1,281
At 31 January 2024
540
7,719
8,259
At 31 January 2024
3,967
3,574
7,541
At 31 January 2023
4,057
4,765
8,822
In2Com UK Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Other debtors
311,089
310,819
Amounts falling due after more than one year
Other debtors
13,075
8,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,925
18,524
Taxes and social security
93,582
76,746
Loans from directors
626
(8,836)
7
Average number of employees
During the year the average number of employees was 8 (2023: 5).