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REGISTERED NUMBER: 03134024 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 December 2024

for

Interaction Learning and Development
Limited

Interaction Learning and Development
Limited (Registered number: 03134024)






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


Interaction Learning and Development
Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms L K Neale
Ms K Scott





REGISTERED OFFICE: The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE





BUSINESS ADDRESS: 106 Whiteladies Road
Clifton
Bristol
BS8 2QW





REGISTERED NUMBER: 03134024 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Interaction Learning and Development
Limited (Registered number: 03134024)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,359 3,646

CURRENT ASSETS
Debtors 5 367,215 332,458
Cash at bank and in hand 55,037 85,328
422,252 417,786
CREDITORS
Amounts falling due within one year 6 164,293 164,386
NET CURRENT ASSETS 257,959 253,400
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,318

257,046

PROVISIONS FOR LIABILITIES 638 693
NET ASSETS 260,680 256,353

CAPITAL AND RESERVES
Called up share capital 158 158
Capital redemption reserve 75 75
Retained earnings 260,447 256,120
SHAREHOLDERS' FUNDS 260,680 256,353

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.

Interaction Learning and Development
Limited (Registered number: 03134024)

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 23 April 2025 and were signed on its behalf by:





Ms L K Neale - Director


Interaction Learning and Development
Limited (Registered number: 03134024)

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

1. STATUTORY INFORMATION

Interaction Learning and Development 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures, fittings & equipment - 20% on cost

Assets are further depreciated to net realisable value where considered appropriate by the directors.

Hire purchase and leasing commitments
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 11 (2023 - 10 ) .

Interaction Learning and Development
Limited (Registered number: 03134024)

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

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 January 2024 18,365
Additions 1,056
At 31 December 2024 19,421
DEPRECIATION
At 1 January 2024 14,719
Charge for year 1,343
At 31 December 2024 16,062
NET BOOK VALUE
At 31 December 2024 3,359
At 31 December 2023 3,646

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 222,691 224,762
Other debtors 144,524 107,696
367,215 332,458

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,832 12,698
Taxation and social security 42,975 57,095
Other creditors 108,486 94,593
164,293 164,386

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 7,365 8,946