INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Company Registration Number:
12006044 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Company Information

for the Period Ended 31 May 2024




Director: Vikas Arora
Kumud Arora
Registered office: 60
Turnpike Link
Croydon
England
CR0 5NX
Company Registration Number: 12006044 (England and Wales)

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Directors' Report Period Ended 31 May 2024

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

Principal Activities

The company's principal activity during the period was to provide services for software development and testing.

Political and charitable donations

No charitable and political donations were made.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical.

Directors

The director(s) shown below were appointed to the company during the period
Kumud Arora
27 February 2024

The director(s) shown below resigned during the period
Vikas Arora
27 February 2024

This report was approved by the board of directors on 24 March 2025
And Signed On Behalf Of The Board By:

Name: Kumud Arora
Status: Director

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Profit and Loss Account

for the Period Ended 31 May 2024


2024
£

2023
£
Turnover 48,032 26,453
Staff Costs ( 7,852 ) ( 7,282 )
Depreciation and Writeoffs ( 600 ) ( 500 )
Other charges ( 38,862 ) ( 20,420 )
Profit or (Loss) for Period 718 ( 1,749 )

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Balance sheet

As at 31 May 2024


2024
£

2023
£
Current assets: 7,170 6,305
Creditors: amounts falling due within one year: ( 8,452 ) ( 7,554 )
Net current assets (liabilities): ( 1,282 ) ( 1,249 )
Total assets less current liabilities: ( 1,282 ) ( 1,249 )
Accruals and deferred income: ( 500 )
Total net assets (liabilities): ( 1,282 ) ( 1,749 )
Capital and reserves: ( 1,282 ) ( 1,749 )

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Balance sheet continued

For the year ending 31 May 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 24 March 2025
And Signed On Behalf Of The Board By:

Name: Kumud Arora
Status: Director

The notes form part of these financial statements

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Employee Information

    Average number of employees: 1

INNOVATIVE TECHNOLOGIES AND SOLUTIONS LTD

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Off balance sheet disclosure

    No