Company Registration No. 09099497 (England and Wales)
84I Limited
Unaudited accounts
for the year ended 30 May 2024
84I Limited
Unaudited accounts
Contents
84I Limited
Company Information
for the year ended 30 May 2024
Directors
Jonathan Paton
Steve Neil
Company Number
09099497 (England and Wales)
Registered Office
4-5 Craven Court
Craven Road
Broadheath
Altrincham
WA14 5DY
England
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
84I Limited
Accountants' report
Accountants' report to the board of directors of 84I Limited on the preparation of the unaudited statutory accounts for the year ended 30 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
84I Limited for the year ended
30 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 84I Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 84I Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 84I Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 84I Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 84I Limited. You consider that 84I Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 84I Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
30 May 2024
84I Limited
Statement of financial position
as at 30 May 2024
Tangible assets
28,080
37,363
Cash at bank and in hand
23,834
9,282
Creditors: amounts falling due within one year
(46,547)
(49,015)
Net current liabilities
(10,590)
(38,374)
Total assets less current liabilities
17,490
(1,011)
Creditors: amounts falling due after more than one year
(23,966)
(41,533)
Net liabilities
(6,476)
(42,544)
Called up share capital
150
150
Profit and loss account
(6,626)
(42,694)
Shareholders' funds
(6,476)
(42,544)
For the year ending 30 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by
Jonathan Paton
Director
Company Registration No. 09099497
84I Limited
Notes to the Accounts
for the year ended 30 May 2024
84I Limited is a private company, limited by shares, registered in England and Wales, registration number 09099497. The registered office is 4-5 Craven Court, Craven Road, Broadheath, Altrincham, WA14 5DY, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Computer equipment
20% Straight Line
The director considers that it is appropriate to prepare the financial statements on a going concern basis and have confirmed they will provide financial support to the company until such time as its position improves.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
84I Limited
Notes to the Accounts
for the year ended 30 May 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 May 2023
49,319
2,922
52,241
At 30 May 2024
49,319
4,578
53,897
At 31 May 2023
12,216
2,662
14,878
Charge for the year
10,811
128
10,939
At 30 May 2024
23,027
2,790
25,817
At 30 May 2024
26,292
1,788
28,080
At 30 May 2023
37,103
260
37,363
Amounts falling due within one year
Trade debtors
11,528
1,386
Accrued income and prepayments
595
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,110
6,090
Obligations under finance leases and hire purchase contracts
9,832
9,832
Trade creditors
12,588
8,990
Taxes and social security
-
730
Loans from directors
1,747
13,294
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
14,839
24,671
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).