INTUETY LTD

Company Registration Number:
12388545 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

INTUETY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes

INTUETY LTD

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets: 3 493,259 89,024
Tangible assets: 4 14,676 5,643
Total fixed assets: 507,935 94,667
Current assets
Debtors: 5 17,700 95,401
Cash at bank and in hand: 104,401 170,045
Total current assets: 122,101 265,446
Creditors: amounts falling due within one year: 6 ( 391,312 ) ( 393,529 )
Net current assets (liabilities): (269,211) (128,083)
Total assets less current liabilities: 238,724 ( 33,416)
Creditors: amounts falling due after more than one year: 7 ( 7,544 ) ( 133,501 )
Total net assets (liabilities): 231,180 (166,917)
Capital and reserves
Called up share capital: 3 3
Share premium account: 1,156,997 703,750
Profit and loss account: (925,820 ) (870,670 )
Total Shareholders' funds: 231,180 (166,917)

The notes form part of these financial statements

INTUETY LTD

Balance sheet statements

For the year ending 31 January 2025 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 applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 5 March 2025
and signed on behalf of the board by:

Name: S Wright
Status: Director

The notes form part of these financial statements

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 19 13

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2024 0 89,024 89,024
Additions 0 527,550 527,550
Disposals
Revaluations
Transfers
At 31 January 2025 0 616,574 616,574
Amortisation
At 1 February 2024 0 0 0
Charge for year 0 123,315 123,315
On disposals
Other adjustments
At 31 January 2025 0 123,315 123,315
Net book value
At 31 January 2025 0 493,259 493,259
At 31 January 2024 0 89,024 89,024

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 12,320 12,320
Additions 14,871 14,871
Disposals ( 1,500 ) ( 1,500 )
Revaluations
Transfers
At 31 January 2025 25,691 25,691
Depreciation
At 1 February 2024 6,677 6,677
Charge for year 5,138 5,138
On disposals ( 800 ) ( 800 )
Other adjustments
At 31 January 2025 11,015 11,015
Net book value
At 31 January 2025 14,676 14,676
At 31 January 2024 5,643 5,643

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Debtors

2025 2024
£ £
Trade debtors 17,700 95,400
Other debtors 1
Total 17,700 95,401

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 18,106 5,840
Trade creditors 34,887 72,094
Taxation and social security 96,385 8,516
Other creditors 241,934 307,079
Total 391,312 393,529

INTUETY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

7. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 7,544 133,501
Total 7,544 133,501