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Company No: 04530375 (England and Wales)

INTIRIUM (UK) LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

INTIRIUM (UK) LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

INTIRIUM (UK) LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023
INTIRIUM (UK) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2023
Note 2023 2022
Fixed assets
Tangible assets 4 19,548 16,408
Investments 5 536,311 536,311
555,859 552,719
Current assets
Debtors 6 433,250 465,454
Cash at bank and in hand 7 124,953 88,066
558,203 553,520
Creditors: amounts falling due within one year 8 ( 701,742) ( 723,676)
Net current liabilities (143,539) (170,156)
Total assets less current liabilities 412,320 382,563
Net assets 412,320 382,563
Capital and reserves
Called-up share capital 140 140
Profit and loss account 412,180 382,423
Total shareholders' funds 412,320 382,563

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Intirium (UK) Limited (registered number: 04530375) were approved and authorised for issue by the Director. They were signed on its behalf by:

Nadia Homa
Director

17 March 2025

INTIRIUM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
INTIRIUM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Intirium (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2023 2022
Number Number
Monthly average number of persons employed by the company during the year, including the director 1 1

4. Tangible assets

Plant and machinery etc. Total
Cost
At 01 January 2023 190,034 190,034
Additions 9,657 9,657
At 31 December 2023 199,691 199,691
Accumulated depreciation
At 01 January 2023 173,626 173,626
Charge for the financial year 19,577 19,577
At 31 December 2023 180,143 180,143
Net book value
At 31 December 2023 19,548 19,548
At 31 December 2022 16,408 16,408

5. Fixed asset investments

Other investments Total
Cost or valuation before impairment
At 01 January 2023 536,311 536,311
At 31 December 2023 536,311 536,311
Carrying value at 31 December 2023 536,311 536,311
Carrying value at 31 December 2022 536,311 536,311

6. Debtors

2023 2022
Trade debtors 80,264 221,410
Amounts owed by group undertakings 0 61,709
Other debtors 352,986 182,335
433,250 465,454

7. Cash and cash equivalents

2023 2022
Cash at bank and in hand 124,953 88,066

8. Creditors: amounts falling due within one year

2023 2022
Trade creditors 92,994 85,285
Amounts owed to group undertakings 166,821 38,573
Taxation and social security 39,921 38,837
Other creditors 402,006 560,981
701,742 723,676

9. Ultimate controlling party

The ultimate controlling parties are Ms N Homa and Mr M Wikler.