Acorah Software Products - Accounts Production 16.2.800 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05968179 Mr Ivan Ivanov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05968179 2023-10-31 05968179 2024-10-31 05968179 2023-11-01 2024-10-31 05968179 frs-core:CurrentFinancialInstruments 2024-10-31 05968179 frs-core:ComputerEquipment 2024-10-31 05968179 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05968179 frs-core:ComputerEquipment 2023-10-31 05968179 frs-core:MotorVehicles 2024-10-31 05968179 frs-core:MotorVehicles 2023-11-01 2024-10-31 05968179 frs-core:MotorVehicles 2023-10-31 05968179 frs-core:PlantMachinery 2024-10-31 05968179 frs-core:PlantMachinery 2023-11-01 2024-10-31 05968179 frs-core:PlantMachinery 2023-10-31 05968179 frs-core:ShareCapital 2024-10-31 05968179 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05968179 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05968179 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05968179 frs-bus:SmallEntities 2023-11-01 2024-10-31 05968179 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05968179 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05968179 frs-bus:Director1 2023-11-01 2024-10-31 05968179 frs-countries:EnglandWales 2023-11-01 2024-10-31 05968179 2022-10-31 05968179 2023-10-31 05968179 2022-11-01 2023-10-31 05968179 frs-core:CurrentFinancialInstruments 2023-10-31 05968179 frs-core:ShareCapital 2023-10-31 05968179 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05968179
I & I Interior Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05968179
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,404 7,833
6,404 7,833
CURRENT ASSETS
Debtors 5 23,980 9,935
Cash at bank and in hand 19,570 43,504
43,550 53,439
Creditors: Amounts Falling Due Within One Year 6 (50,822 ) (56,187 )
NET CURRENT ASSETS (LIABILITIES) (7,272 ) (2,748 )
TOTAL ASSETS LESS CURRENT LIABILITIES (868 ) 5,085
NET (LIABILITIES)/ASSETS (868 ) 5,085
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (870 ) 5,083
SHAREHOLDERS' FUNDS (868) 5,085
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ivan Ivanov
Director
19/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
I & I Interior Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05968179 . The registered office is 262 Uxbridge Road, Hatch End, HA5 4HS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 725 45,975 1,889 48,589
Additions 706 - - 706
As at 31 October 2024 1,431 45,975 1,889 49,295
Depreciation
As at 1 November 2023 558 38,992 1,206 40,756
Provided during the period 218 1,746 171 2,135
As at 31 October 2024 776 40,738 1,377 42,891
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 October 2024 655 5,237 512 6,404
As at 1 November 2023 167 6,983 683 7,833
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,577 9,770
VAT - 165
Other taxes and social security 403 -
23,980 9,935
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Corporation tax (2 ) (2 )
Other taxes and social security - 377
VAT 537 -
Accruals and deferred income 5 5
Director's loan account 50,281 55,806
50,822 56,187
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 10,000
Page 3