IT SAVES YOU LTD

Company Registration Number:
06513303 (England and Wales)

Unaudited micro entity accounts for the year ended 31 January 2024

Period of accounts

Start date: 27 March 2023

End date: 31 January 2024

IT SAVES YOU LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

IT SAVES YOU LTD

Company Information

for the Period Ended 31 January 2024




Director: Ryan O'Dell
Secretary: Cristina O'Dell
Registered office: Kemp House
152 - 160 City Road
London
England
EC1V 2NX
Company Registration Number: 06513303 (England and Wales)

IT SAVES YOU LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The company's principal activity during the period was to provide Information Technology Consultancy Services, relating to Web Development, Integration and AI technologies.

Political and charitable donations

We have no political or charity affiliations or donations.

Company policy on the employment of disabled persons

No discrimination, all people are considered within the roles provided.

Additional information

We are continuing to invest time and development for our services in web development, integrations and AI technologies. We're monitoring our market for any shifts that we need to pivot towards.

Directors

The directors shown below have held office during the whole of the period from 27 March 2023 to 31 January 2024
Ryan O'Dell

Secretary
Cristina O'Dell

This report was approved by the board of directors on 18 March 2025
And Signed On Behalf Of The Board By:

Name: Ryan O'Dell
Status: Director

IT SAVES YOU LTD

Profit and Loss Account

for the Period Ended 31 January 2024

10 months to
31 Jan 2024
£

2023
£
Turnover 26,344 5,871
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 7,583 ) ( 0 )
Depreciation and Writeoffs ( 0 ) ( 450 )
Other charges ( 25,118 ) ( 20,004 )
Tax on Profit 61 3,038
Profit or (Loss) for Period ( 6,296 ) ( 11,545 )

IT SAVES YOU LTD

Balance sheet

As at 31 January 2024

10 months to
31 Jan 2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 0 150
Current assets: 2,313 1,316
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 17,054 ) ( 18,193 )
Net current assets (liabilities): ( 14,741 ) ( 16,877 )
Total assets less current liabilities: ( 14,741 ) ( 16,727 )
Creditors: amounts falling due after more than one year: ( 24,000 ) ( 24,000 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 38,741 ) ( 40,727 )
Capital and reserves: ( 38,741 ) ( 40,727 )

IT SAVES YOU LTD

Balance sheet continued

For the year ending 31 January 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 18 March 2025
And Signed On Behalf Of The Board By:

Name: Ryan O'Dell
Status: Director

The notes form part of these financial statements

IT SAVES YOU LTD

Footnotes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Employee Information

    Average number of employees: 1

IT SAVES YOU LTD

Footnotes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Off balance sheet disclosure

    No