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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
Page
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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
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ITRANSITION SOFTWARE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
126,724 
105,543 
Current assets
Debtors
2,087,130 
191,805 
Cash at bank and in hand
11,548,705 
1,698,167 
13,635,835 
1,889,972 
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 
Capital and reserves
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
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ITRANSITION SOFTWARE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
105,543 
Additions
21,181 
Valuation at 31 December 2024
126,724 
5
Debtors
2024 
2023 
£ 
£ 
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 
2,087,130 
191,805 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
77,851 
48,209 
Trade creditors
612,542 
769,823 
Amounts owed to group undertakings and other participating interests
- 
79 
Taxes and social security
8,637 
9,848 
699,030 
827,959 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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