Company Registration No. 03916612 (England and Wales)
Intrasource Limited
Unaudited accounts
for the year ended 31 August 2024
Intrasource Limited
Unaudited accounts
Contents
Intrasource Limited
Company Information
for the year ended 31 August 2024
Directors
David Collings
Matthew Stephen Nunns
Company Number
03916612 (England and Wales)
Registered Office
Intrasource Ltd
Priory Court
Saxon Way, Priory Park
Hessle
North Humberside
HU13 9PB
England
Accountants
Rainbird Hanton Accountants
The Temple
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Intrasource Limited
Statement of financial position
as at 31 August 2024
Tangible assets
44,071
23,537
Cash at bank and in hand
89,202
173,637
Creditors: amounts falling due within one year
(332,360)
(302,362)
Net current assets
166,980
135,979
Net assets
211,051
159,516
Called up share capital
1,010
1,010
Profit and loss account
210,041
158,506
Shareholders' funds
211,051
159,516
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 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 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 of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by
David Collings
Director
Company Registration No. 03916612
Intrasource Limited
Notes to the Accounts
for the year ended 31 August 2024
Intrasource Limited is a private company, limited by shares, registered in England and Wales, registration number 03916612. The registered office is Intrasource Ltd, Priory Court, Saxon Way, Priory Park, Hessle, North Humberside, HU13 9PB, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
Motor vehicles
33% on cost
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
88,621
12,548
17,906
142,598
261,673
Additions
46,784
-
643
-
47,427
At 31 August 2024
135,405
12,548
18,549
142,598
309,100
At 1 September 2023
87,650
12,531
15,285
122,670
238,136
Charge for the year
11,365
15
1,452
14,061
26,893
At 31 August 2024
99,015
12,546
16,737
136,731
265,029
At 31 August 2024
36,390
2
1,812
5,867
44,071
At 31 August 2023
971
17
2,621
19,928
23,537
Intrasource Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
250,526
202,214
Amounts due from group undertakings etc.
151,833
23,655
Accrued income and prepayments
3,611
7,021
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
244,731
165,034
Taxes and social security
26,117
39,219
Other creditors
28,051
17,376
Loans from directors
-
23,235
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).