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REGISTERED NUMBER: 10784829 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Connect4IT Ltd

Connect4IT Ltd (Registered number: 10784829)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Connect4IT Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr D P Solomon
Mrs S Solomon





REGISTERED OFFICE: C/O City Chartered Accountants
540 5th Floor Linen Hall
162-168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 10784829 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Connect4IT Ltd (Registered number: 10784829)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 457 610

CURRENT ASSETS
Debtors 5 61,390 61,390
Cash at bank 2 8,769
61,392 70,159
CREDITORS
Amounts falling due within one year 6 (1,715 ) (5,164 )
NET CURRENT ASSETS 59,677 64,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,134

65,605

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,034 65,505
SHAREHOLDERS' FUNDS 60,134 65,605

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 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.

Connect4IT Ltd (Registered number: 10784829)

Balance Sheet - 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 Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





Mr D P Solomon - Director


Connect4IT Ltd (Registered number: 10784829)

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

1. STATUTORY INFORMATION

Connect4IT Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 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 2 (2023 - 2 ) .

Connect4IT Ltd (Registered number: 10784829)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 3,547
DEPRECIATION
At 1 April 2023 2,937
Charge for year 153
At 31 March 2024 3,090
NET BOOK VALUE
At 31 March 2024 457
At 31 March 2023 610

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 390 390

Amounts falling due after more than one year:
Other debtors 61,000 61,000

Aggregate amounts 61,390 61,390

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 395 1,259
Other creditors 1,320 3,905
1,715 5,164

7. RELATED PARTY DISCLOSURES

At the year end the company owed the directors £Nil (2023: £2,464)