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Company Registration No. 9985776 (England and Wales)
IT Core Services Ltd Unaudited accounts for the year ended 29 February 2024
IT Core Services Ltd Unaudited accounts Contents
Page
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IT Core Services Ltd Company Information for the year ended 29 February 2024
Director
Sheraz Iqbal
Company Number
9985776 (England and Wales)
Registered Office
48 DAIRYGROUND ROAD BRAMHALL STOCKPORT SK7 2QW ENGLAND
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IT Core Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,862 
11,328 
Current assets
Cash at bank and in hand
54,229 
25,407 
Creditors: amounts falling due within one year
(53,038)
(23,379)
Net current assets
1,191 
2,028 
Net assets
11,053 
13,356 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
11,052 
13,355 
Shareholders' funds
11,053 
13,356 
For the year ending 29 February 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 13 June 2024 and were signed on its behalf by
Sheraz Iqbal Director Company Registration No. 9985776
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IT Core Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
IT Core Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 9985776. The registered office is 48 DAIRYGROUND ROAD, BRAMHALL, STOCKPORT, SK7 2QW, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
18,406 
Additions
999 
At 29 February 2024
19,405 
Depreciation
At 1 March 2023
7,078 
Charge for the year
2,465 
At 29 February 2024
9,543 
Net book value
At 29 February 2024
9,862 
At 28 February 2023
11,328 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,689 
2,559 
Trade creditors
1,033 
2,090 
Taxes and social security
7,562 
5,239 
Loans from directors
39,394 
12,731 
Accruals
1,360 
760 
53,038 
23,379 
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IT Core Services Ltd Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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