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Company Registration No. 03262631 (England and Wales)
The Independent Technology Group LTD Unaudited accounts for the year ended 31 August 2024
The Independent Technology Group LTD Unaudited accounts Contents
Page
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The Independent Technology Group LTD Company Information for the year ended 31 August 2024
Director
Mr Brian Milnes
Company Number
03262631 (England and Wales)
Registered Office
3 MILL LANE SAWSTON CAMBRIDGE CB22 3HY
Accountants
Delbeck Accountancy Newton Hall Town Street Newton Cambridge CB22 7ZE
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The Independent Technology Group LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
2 
Cash at bank and in hand
2 
37 
2 
39 
Creditors: amounts falling due within one year
(516)
- 
Net current (liabilities)/assets
(514)
39 
Net (liabilities)/assets
(514)
39 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(516)
37 
Shareholders' funds
(514)
39 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 May 2025 and were signed on its behalf by
Mr Brian Milnes Director Company Registration No. 03262631
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The Independent Technology Group LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
The Independent Technology Group LTD is a private company, limited by shares, registered in England and Wales, registration number 03262631. The registered office is 3 MILL LANE, SAWSTON, CAMBRIDGE, CB22 3HY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
17,505 
At 31 August 2024
17,505 
Depreciation
At 1 September 2023
17,505 
At 31 August 2024
17,505 
Net book value
At 31 August 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2 
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The Independent Technology Group LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
516 
- 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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