Company Registration No. 07649949 (England and Wales)
ITRANSITION SOFTWARE LIMITED
Unaudited accounts
for the year ended 31 December 2024
ITRANSITION SOFTWARE LIMITED
Unaudited accounts
Contents
ITRANSITION SOFTWARE LIMITED
Company Information
for the year ended 31 December 2024
Director
Mikalai HANUSEVICH
Company Number
07649949 (England and Wales)
Registered Office
85 Great Portland Street
First Floor
London
W1W 7LT
England
Accountants
SCHOOLGATE ACCOUNTING SERVICES LIMITED
The Old Town Hall
4 Queens Road
Wimbledon
London
SW19 8YB
ITRANSITION SOFTWARE LIMITED
Statement of financial position
as at 31 December 2024
Investments
126,724
105,543
Cash at bank and in hand
11,548,705
1,698,167
Creditors: amounts falling due within one year
(699,030)
(827,959)
Net current assets
12,936,805
1,062,013
Net assets
13,063,529
1,167,556
Called up share capital
100
100
Profit and loss account
13,063,429
1,167,456
Shareholders' funds
13,063,529
1,167,556
For the year ending 31 December 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 5 February 2025 and were signed on its behalf by
Mikalai HANUSEVICH
Director
Company Registration No. 07649949
ITRANSITION SOFTWARE LIMITED
Notes to the Accounts
for the year ended 31 December 2024
ITRANSITION SOFTWARE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07649949. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, 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.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2024
105,543
Valuation at 31 December 2024
126,724
Amounts falling due within one year
Trade debtors
112,217
98,686
Amounts due from group undertakings etc.
1,691,118
-
Other debtors
283,795
93,119
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
612,542
769,823
Amounts owed to group undertakings and other participating interests
-
79
Taxes and social security
8,637
9,848
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).