Company Registration No. 07665813 (England and Wales)
I6MEDIA LTD
Unaudited accounts
for the year ended 31 May 2024
I6MEDIA LTD
Unaudited accounts
Contents
I6MEDIA LTD
Company Information
for the year ended 31 May 2024
Director
Mr Mohammed Ballal IFTIKHAR
Company Number
07665813 (England and Wales)
Registered Office
The Gables
Grindon Lane
SUNDERLAND
UNITED KINGDOM
SR4 8HP
Accountants
TAX SHOP ACCOUNTANTS LTD
North East BIC
Wearfield
SUNDERLAND
TYNE AND WEAR
SR5 2TA
I6MEDIA LTD
Statement of financial position
as at 31 May 2024
Tangible assets
18,279
36,490
Debtors
1,684,550
1,649,550
Cash at bank and in hand
524,994
657,630
Creditors: amounts falling due within one year
(2,265)
(50,246)
Net current assets
2,207,279
2,256,934
Net assets
2,225,558
2,293,424
Called up share capital
160
160
Profit and loss account
2,225,398
2,293,264
Shareholders' funds
2,225,558
2,293,424
For the year ending 31 May 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 7 February 2025 and were signed on its behalf by
Mr Mohammed Ballal IFTIKHAR
Director
Company Registration No. 07665813
I6MEDIA LTD
Notes to the Accounts
for the year ended 31 May 2024
I6MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 07665813. The registered office is The Gables, Grindon Lane, SUNDERLAND, UNITED KINGDOM, SR4 8HP.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Charge for the year
18,211
I6MEDIA LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Other debtors
1,684,550
1,649,550
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,776
50,757
Other creditors
(511)
(511)
Allotted, called up and fully paid:
160 Ordinary shares of £1 each
160
160
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).