for the Period Ended 30 April 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2024
Principal activities of the company
Additional information
For the financial year ended 30 April 2024, the Company reported a turnover of £4,589,689, with a gross profit of £419,338 and a net profit after taxation of £45,138. The Company has maintained stable financial performance. During the period, the Company continued to invest in various IT projects, with a notable increase in advertising expenditure, which aligns with its business expansion strategy. The Company has also expanded its involvement in joint venture investment IT projects, demonstrating a commitment to diversifying and strengthening its portfolio in the dynamic IT sector. The year under review saw markets changing their pace of development and direction rapidly and unpredictably. Despite these challenges, the Company successfully built upon developments from previous years, leveraging its existing strategies and innovations to attract a strong client base. This adaptability has reinforced the Company's resilience and positioned it for continued growth. Alongside its investment ventures, the Company has been actively involved in agency-based project facilitation, assisting in the transfer of specialized services between parties. This has helped the Company establish a more dynamic role in the IT services value chain. As part of its long-term strategy, the Company remains focused on international IT projects and co-financing venture initiatives. A particular emphasis has been placed on attracting investment capital and fostering partnerships in innovative technology fields, including blockchain solutions and financial technology services. The Director is confident that with prudent financial management and strategic investments, the Company will continue to expand its market presence and drive sustainable growth.
Directors
The director shown below has held office during the whole of the period from
1 May 2023
to
30 April 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 30 April 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 April 2024
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Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 30 April 2024
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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