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REGISTERED NUMBER: 08110489 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Ituland Ltd

Ituland Ltd (Registered number: 08110489)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ituland Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: L Chen





REGISTERED OFFICE: 39 Demesne Road
Wallington
London
SM6 8EZ





REGISTERED NUMBER: 08110489 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Ituland Ltd (Registered number: 08110489)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 1,976
- 1,976

CURRENT ASSETS
Cash at bank and in hand 1,230 10,692

CREDITORS
Amounts falling due within one year 6 63,380 61,971
NET CURRENT LIABILITIES (62,150 ) (51,279 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(62,150

)

(49,303

)

CREDITORS
Amounts falling due after more than
one year

7

20,834

30,764
NET LIABILITIES (82,984 ) (80,067 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (82,987 ) (80,070 )
(82,984 ) (80,067 )

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 August 2024.

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

The director acknowledges his 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.

Ituland Ltd (Registered number: 08110489)

Balance Sheet - continued
31 August 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 director and authorised for issue on 28 April 2025 and were signed by:





L Chen - Director


Ituland Ltd (Registered number: 08110489)

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

1. STATUTORY INFORMATION

Ituland Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 21,000
AMORTISATION
At 1 September 2023
and 31 August 2024 21,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

Ituland Ltd (Registered number: 08110489)

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

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 1,000 51,912 52,912
Disposals - (51,912 ) (51,912 )
At 31 August 2024 1,000 - 1,000
DEPRECIATION
At 1 September 2023 1,000 49,936 50,936
Eliminated on disposal - (49,936 ) (49,936 )
At 31 August 2024 1,000 - 1,000
NET BOOK VALUE
At 31 August 2024 - - -
At 31 August 2023 - 1,976 1,976

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Directors' current accounts 63,230 61,431
Accrued expenses 150 540
63,380 61,971

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Other loans - 1-2 years 20,834 30,764