Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3022023-01-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12407798 2023-01-01 2024-06-30 12407798 2022-01-01 2022-12-31 12407798 2024-06-30 12407798 2022-12-31 12407798 1 2023-01-01 2024-06-30 12407798 d:Director1 2023-01-01 2024-06-30 12407798 c:OfficeEquipment 2023-01-01 2024-06-30 12407798 c:OfficeEquipment 2024-06-30 12407798 c:OfficeEquipment 2022-12-31 12407798 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-01-01 2024-06-30 12407798 c:CurrentFinancialInstruments 2024-06-30 12407798 c:CurrentFinancialInstruments 2022-12-31 12407798 c:CurrentFinancialInstruments c:WithinOneYear 2024-06-30 12407798 c:CurrentFinancialInstruments c:WithinOneYear 2022-12-31 12407798 c:ShareCapital 2024-06-30 12407798 c:ShareCapital 2022-12-31 12407798 c:RetainedEarningsAccumulatedLosses 2024-06-30 12407798 c:RetainedEarningsAccumulatedLosses 2022-12-31 12407798 d:FRS102 2023-01-01 2024-06-30 12407798 d:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 12407798 d:FullAccounts 2023-01-01 2024-06-30 12407798 d:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 12407798 e:PoundSterling 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12407798










INTEC FUTURE SOLUTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
INTEC FUTURE SOLUTIONS LIMITED
REGISTERED NUMBER: 12407798

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
817
688

  
817
688

Current assets
  

Debtors
 5 
7,167
82,416

Cash at bank and in hand
 6 
3,317
156,788

  
10,484
239,204

Creditors: amounts falling due within one year
 7 
(2,400)
(166,534)

Net current assets
  
 
 
8,084
 
 
72,670

  

Net assets
  
8,901
73,358


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
7,901
72,358

  
8,901
73,358


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 March 2025.

___________________________
Heng Ji
Director

Page 1

 
INTEC FUTURE SOLUTIONS LIMITED
REGISTERED NUMBER: 12407798
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
INTEC FUTURE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Intec Future Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Hub Business Centre, 2 Civic Drive, Ipswich, Suffolk, IP1 2QA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Transactions in currencies other than functional currency are recorded at the rates of exchange prevailing at the dates of the transactions.

At each reporting date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting date. Gains and losses arising on translation are included in the profit and loss account for the period.

 
2.3

Revenue

Turnover represents the consideration receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
INTEC FUTURE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
INTEC FUTURE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees

2024
2022
£
£

Wages and salaries
54,430
44,375

Cost of defined contribution scheme
1,217
193

55,647
44,568


The average monthly number of employees, including directors, during the period was 2 (2022 - 2).


4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 January 2023
917


Additions
757



At 30 June 2024

1,674



Depreciation


At 1 January 2023
229


Charge for the period
628



At 30 June 2024

857



Net book value



At 30 June 2024
817



At 31 December 2022
688


5.


Debtors

30 June
31 December
2024
2022
£
£


Trade debtors
6,099
75,036

Other debtors
1,068
7,380
Page 5

 
INTEC FUTURE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.Debtors (continued)


7,167
82,416



6.


Cash and cash equivalents

30 June
31 December
2024
2022
£
£

Cash at bank and in hand
3,317
156,788



7.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Trade creditors
-
101,069

Corporation tax
-
10,680

Other taxation and social security
-
4,741

Other creditors
1,000
3,000

Accruals and deferred income
1,400
47,044

2,400
166,534



8.


Post balance sheet events

There were no events since the period end which materially affected the company.

 
Page 6