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REGISTERED NUMBER: 10299020 (England and Wales)







Financial Statements for the Year Ended 31st July 2024

for

Invest Tech Consulting Ltd

Invest Tech Consulting Ltd (Registered number: 10299020)






Contents of the Financial Statements
for the Year Ended 31st July 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Invest Tech Consulting Ltd

Company Information
for the Year Ended 31st July 2024







DIRECTORS: J S Kemili
Mrs E L Kemili





REGISTERED OFFICE: Units 10-13
Aintree Road
Keytec 7 Business Park
Pershore
Worcestershire
WR10 2JN





REGISTERED NUMBER: 10299020 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Invest Tech Consulting Ltd (Registered number: 10299020)

Abridged Balance Sheet
31st July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 13,656 14,279
Debtors 90,827 70,467
Cash at bank 15,896 31,515
120,379 116,261
CREDITORS
Amounts falling due within one year 116,130 116,197
NET CURRENT ASSETS 4,249 64
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,249

64

CAPITAL AND RESERVES
Called up share capital 4 2 2
Retained earnings 4,247 62
SHAREHOLDERS' FUNDS 4,249 64

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th March 2025 and were signed on its behalf by:





J S Kemili - Director


Invest Tech Consulting Ltd (Registered number: 10299020)

Notes to the Financial Statements
for the Year Ended 31st July 2024

1. STATUTORY INFORMATION

Invest Tech Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

Invest Tech Consulting Ltd (Registered number: 10299020)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
J S Kemili and Mrs E L Kemili
Balance outstanding at start of year 70,467 42,021
Amounts advanced 90,360 131,565
Amounts repaid (70,000 ) (103,119 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 90,827 70,467