ICT REVOLUTIONS LTD

Company Registration Number:
08541894 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ICT REVOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

ICT REVOLUTIONS LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 4,128 3,807
Investments: 4 10,000 0
Total fixed assets: 14,128 3,807
Current assets
Debtors:   57,372 332,430
Cash at bank and in hand: 554,712 175,664
Total current assets: 612,084 508,094
Creditors: amounts falling due within one year:   (388,731) (378,151)
Net current assets (liabilities): 223,353 129,943
Total assets less current liabilities: 237,481 133,750
Total net assets (liabilities): 237,481 133,750
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 237,479 133,748
Shareholders funds: 237,481 133,750

The notes form part of these financial statements

ICT REVOLUTIONS LTD

Balance sheet statements

For the year ending 31 May 2024 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 29 January 2025
and signed on behalf of the board by:

Name: Jonathan Goldie
Status: Director

The notes form part of these financial statements

ICT REVOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

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

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. Fixtures and fittings - reducing balance 25%. Equipment - reducing balance 33%.

ICT REVOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 3 2

ICT REVOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 12,639
Additions 2,324
At 31 May 2024 14,963
Depreciation
At 01 June 2023 8,832
Charge for year 2,003
At 31 May 2024 10,835
Net book value
At 31 May 2024 4,128
At 31 May 2023 3,807

ICT REVOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Fixed investments

Fixed asset investment are shown at cost less amounts written off. Provisions are made for permanent fluctuations in value.

ICT REVOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The company has advanced a sum of £10,000 to a company of which the director has significant control.
£
Balance at 01 June 2023 0
Balance at 31 May 2024 10,000