Company Registration No. 05406605 (England and Wales)
INTELLIGENT VENDING LTD
Unaudited accounts
for the year ended 30 June 2024
INTELLIGENT VENDING LTD
Unaudited accounts
Contents
INTELLIGENT VENDING LTD
Company Information
for the year ended 30 June 2024
Directors
Samuel James Roe
Stephen John Roe
Alfred Jack Pugh
Company Number
05406605 (England and Wales)
Registered Office
C/O Hammond & Co UK Ltd
36 Chesterfield Road
Market Street
Chesterfield
Derbyshire
S43 3UT
England
Accountants
Hammond & Co
36 Chesterfield Road
Market Street
Staveley
Derbyshire
S43 3UT
INTELLIGENT VENDING LTD
Statement of financial position
as at 30 June 2024
Tangible assets
1,122
1,683
Inventories
248,110
257,026
Cash at bank and in hand
67,115
48,238
Creditors: amounts falling due within one year
(144,638)
(162,528)
Net current assets
191,121
171,195
Total assets less current liabilities
192,243
172,878
Creditors: amounts falling due after more than one year
(34,563)
(34,694)
Net assets
157,680
138,184
Called up share capital
200
200
Profit and loss account
157,480
137,984
Shareholders' funds
157,680
138,184
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
Samuel James Roe
Director
Company Registration No. 05406605
INTELLIGENT VENDING LTD
Notes to the Accounts
for the year ended 30 June 2024
INTELLIGENT VENDING LTD is a private company, limited by shares, registered in England and Wales, registration number 05406605. The registered office is C/O Hammond & Co UK Ltd, 36 Chesterfield Road, Market Street, Chesterfield, Derbyshire, S43 3UT, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% and 33% Straight Line
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
944
8,948
40,497
50,389
At 30 June 2024
944
9,090
40,630
50,664
At 1 July 2023
735
8,030
39,941
48,706
Charge for the year
88
265
483
836
At 30 June 2024
823
8,295
40,424
49,542
At 30 June 2024
121
795
206
1,122
At 30 June 2023
209
918
556
1,683
INTELLIGENT VENDING LTD
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
17,234
25,159
Accrued income and prepayments
3,300
3,300
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,159
Trade creditors
(10,047)
5,231
Amounts owed to group undertakings and other participating interests
134,388
128,211
Taxes and social security
896
974
Other creditors
1,863
2,476
Loans from directors
10,337
11,604
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Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 3 (2023: 4).