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REGISTERED NUMBER: 13211967 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

INTELLIDEX HOLDINGS LIMITED

INTELLIDEX HOLDINGS LIMITED (REGISTERED NUMBER: 13211967)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


INTELLIDEX HOLDINGS LIMITED

COMPANY INFORMATION
For The Year Ended 29 February 2024







DIRECTORS: S P Theobald
P Attard Montalto
G R Kruger
V Jack
C Southey
N B Langa-Royds





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 13211967 (England and Wales)

INTELLIDEX HOLDINGS LIMITED (REGISTERED NUMBER: 13211967)

ABRIDGED BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,252 -
Tangible assets 5 121 413
Investments 6 7,752 7,752
23,125 8,165

CURRENT ASSETS
Debtors 315,272 316,885
Cash at bank 20,318 15,474
335,590 332,359
CREDITORS
Amounts falling due within one year 347,527 304,552
NET CURRENT (LIABILITIES)/ASSETS (11,937 ) 27,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,188

35,972

CAPITAL AND RESERVES
Called up share capital 4,636 4,636
Share premium 5,742 5,742
Retained earnings 810 25,594
11,188 35,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:





S P Theobald - Director


INTELLIDEX HOLDINGS LIMITED (REGISTERED NUMBER: 13211967)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024


1. STATUTORY INFORMATION

Intellidex Holdings 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.

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.

Turnover
Turnover represents sales of management services performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

INTELLIDEX HOLDINGS LIMITED (REGISTERED NUMBER: 13211967)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 February 2024


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 17,439
At 29 February 2024 17,439
AMORTISATION
Amortisation for year 2,187
At 29 February 2024 2,187
NET BOOK VALUE

At 29 February 2024 15,252

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 29 February 2024 874
DEPRECIATION
At 1 March 2023 461
Charge for year 292
At 29 February 2024 753
NET BOOK VALUE
At 29 February 2024 121
At 28 February 2023 413

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 March 2023
and 29 February 2024 7,752
NET BOOK VALUE
At 29 February 2024 7,752
At 28 February 2023 7,752

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 29 February 2024 the company had loaned a director £17,871 (2023 - £Nil). This was the maximum amount owed during the year and is repayable on demand. Interest of 2.25% was charged on the balance for the year.

As at 29 February 2024 the company had loaned a director £6,227 (2023 - £Nil). This was the maximum amount owed during the year and is repayable on demand. Interest of 2.25% was charged on the balance for the year.

INTELLIDEX HOLDINGS LIMITED (REGISTERED NUMBER: 13211967)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 February 2024


8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

During the year, the company entered into transactions with its related parties, which are members of the same group.

Amounts owed by related parties at the end of the year:
Krutham UK Limited £298,138 (2023 - £300,722)

Amounts owed to related parties at the end of the year:
Krutham Inc. £102,935 (2023 - £93,590)
Krutham SA (Pty) Ltd £188,389 (2023 - £16,128)

These amounts are unsecured, interest-free and repayable on demand.

No guarantees have been given or received. No expenses have been recognised during the current or previous financial year for bad or doubtful debts in respect of the amounts owed by or to related parties.