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REGISTERED NUMBER: 13582182 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

INTELIJET LIMITED
TRADING AS
INTELIJET360

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTELIJET LIMITED
TRADING AS INTELIJET360

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J M Brackenreed-Johnston
P Everhard





REGISTERED OFFICE: Units 3 And 4 Westham Business Park
Eastbourne Road
Westham
East Sussex
BN24 5NP





REGISTERED NUMBER: 13582182 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,250 3,657
Tangible assets 5 379,792 103,978
383,042 107,635

CURRENT ASSETS
Stocks 404,985 252,880
Debtors 6 1,396,672 801,587
Cash at bank 1,319 16,858
1,802,976 1,071,325
CREDITORS
Amounts falling due within one year 7 738,663 428,040
NET CURRENT ASSETS 1,064,313 643,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,447,355

750,920

CREDITORS
Amounts falling due after more than one year 8 (1,145,901 ) (447,037 )

PROVISIONS FOR LIABILITIES - (33,062 )
NET ASSETS 301,454 270,821

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 301,453 270,820
SHAREHOLDERS' FUNDS 301,454 270,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Balance Sheet - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





J M Brackenreed-Johnston - Director


INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Intelijet Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2024
and 31 December 2024 4,063
AMORTISATION
At 1 January 2024 406
Amortisation for year 407
At 31 December 2024 813
NET BOOK VALUE
At 31 December 2024 3,250
At 31 December 2023 3,657

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 48,100 3,956 80,990 4,275 137,321
Additions - 927 397,689 1,406 400,022
At 31 December 2024 48,100 4,883 478,679 5,681 537,343
DEPRECIATION
At 1 January 2024 9,620 791 21,454 1,478 33,343
Charge for year 7,696 819 114,306 1,387 124,208
At 31 December 2024 17,316 1,610 135,760 2,865 157,551
NET BOOK VALUE
At 31 December 2024 30,784 3,273 342,919 2,816 379,792
At 31 December 2023 38,480 3,165 59,536 2,797 103,978

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 80,990
Additions 397,689
At 31 December 2024 478,679
DEPRECIATION
At 1 January 2024 21,454
Charge for year 114,306
At 31 December 2024 135,760
NET BOOK VALUE
At 31 December 2024 342,919
At 31 December 2023 59,536

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 105,651 165,851
Amounts owed by associates 338,276 52,228
Other debtors 375,737 6,500
Prepayments and accrued income 577,008 577,008
1,396,672 801,587

INTELIJET LIMITED (REGISTERED NUMBER: 13582182)
TRADING AS INTELIJET360

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 161,394 164,461
Hire purchase contracts 47,191 7,421
Trade creditors 26,972 20,461
Amounts owed to associates 40,000 3,444
Tax 28,103 43,504
Social security and other taxes 2,380 -
VAT 33,578 16,385
Other creditors 172,517 99,982
Directors' current accounts 223,027 70,182
Accrued expenses 3,501 2,200
738,663 428,040

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 116,362 -
Bank loans - 2-5 years 348,178 -
Hire purchase contracts 321,155 52,343
Other creditors 360,206 394,694
1,145,901 447,037

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 368,346 -

The above liability is secured against the asset to which it relates.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary £1 1 1