Company Registration No. 08961559 (England and Wales)
Its Technologies Ltd
Unaudited accounts
for the year ended 31 December 2024
Its Technologies Ltd
Unaudited accounts
Contents
Its Technologies Ltd
Company Information
for the year ended 31 December 2024
Directors
Benjamin Simon Stross
Elishiva Dina Stross
Jonathan Albert Stross
Company Number
08961559 (England and Wales)
Accountants
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
Its Technologies Ltd
Statement of financial position
as at 31 December 2024
Inventories
386,000
391,000
Cash at bank and in hand
149,277
218,921
Creditors: amounts falling due within one year
(312,841)
(306,570)
Net current assets
425,800
346,213
Total assets less current liabilities
426,460
347,513
Creditors: amounts falling due after more than one year
(23,339)
(27,310)
Net assets
403,121
320,203
Called up share capital
100
100
Profit and loss account
403,021
320,103
Shareholders' funds
403,121
320,203
For the year ending 31 December 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 21 May 2025 and were signed on its behalf by
Benjamin Simon Stross
Director
Company Registration No. 08961559
Its Technologies Ltd
Notes to the Accounts
for the year ended 31 December 2024
Its Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 08961559.
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:
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
34,368
2,974
Accrued income and prepayments
2,197
-
Other debtors
166,799
10,901
Its Technologies Ltd
Notes to the Accounts
for the year ended 31 December 2024
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
148,910
132,638
Taxes and social security
25,031
15,671
Other creditors
104,710
123,157
Loans from directors
20,187
35,104
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Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).