1 September 2023 false No description of principal activity Taxfiler 2024.6 03916612business:PrivateLimitedCompanyLtd2023-09-012024-08-31 039166122023-08-31 039166122023-09-012024-08-31 03916612business:AuditExemptWithAccountantsReport2023-09-012024-08-31 03916612business:FilletedAccounts2023-09-012024-08-31 039166122024-08-31 03916612business:Director12023-09-012024-08-31 03916612business:Director22023-09-012024-08-31 03916612business:RegisteredOffice2023-09-012024-08-31 039166122023-08-31 03916612core:WithinOneYear2024-08-31 03916612core:WithinOneYear2023-08-31 03916612core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 03916612core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 03916612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 03916612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 03916612core:PreviouslyStatedAmount2024-08-31 03916612core:PreviouslyStatedAmount2023-08-31 03916612business:SmallEntities2023-09-012024-08-31 03916612countries:EnglandWales2023-09-012024-08-31 03916612core:PlantMachinery2023-09-012024-08-31 03916612core:MotorVehicles2023-09-012024-08-31 03916612core:FurnitureFittings2023-09-012024-08-31 03916612core:ComputerEquipment2023-09-012024-08-31 03916612core:PlantMachinery2023-08-31 03916612core:MotorVehicles2023-08-31 03916612core:FurnitureFittings2023-08-31 03916612core:ComputerEquipment2023-08-31 03916612core:PlantMachinery2024-08-31 03916612core:MotorVehicles2024-08-31 03916612core:FurnitureFittings2024-08-31 03916612core:ComputerEquipment2024-08-31 039166122022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 03916612 (England and Wales)
Intrasource Limited Unaudited accounts for the year ended 31 August 2024
Intrasource Limited Unaudited accounts Contents
Page
- 2 -
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
- 3 -
Intrasource Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,071 
23,537 
Current assets
Inventories
4,168 
31,814 
Debtors
405,970 
232,890 
Cash at bank and in hand
89,202 
173,637 
499,340 
438,341 
Creditors: amounts falling due within one year
(332,360)
(302,362)
Net current assets
166,980 
135,979 
Net assets
211,051 
159,516 
Capital and reserves
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
- 4 -
Intrasource Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
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 
- 5 -
Intrasource Limited Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
405,970 
232,890 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
28,726 
51,692 
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 
Accruals
4,735 
5,806 
332,360 
302,362 
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).
- 6 -