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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
Page
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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
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Its Technologies Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
660 
1,300 
Current assets
Inventories
386,000 
391,000 
Debtors
203,364 
42,862 
Cash at bank and in hand
149,277 
218,921 
738,641 
652,783 
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 
Capital and reserves
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
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Its Technologies Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,940 
At 31 December 2024
1,940 
Depreciation
At 1 January 2024
640 
Charge for the year
640 
At 31 December 2024
1,280 
Net book value
At 31 December 2024
660 
At 31 December 2023
1,300 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
28,987 
Trade debtors
34,368 
2,974 
Accrued income and prepayments
2,197 
- 
Other debtors
166,799 
10,901 
203,364 
42,862 
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Its Technologies Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,003 
- 
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 
312,841 
306,570 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,339 
27,310 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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