ITM ECONOMIC DEVELOPMENT LTD

Company Registration Number:
07750172 (England and Wales)

Unaudited micro entity accounts for the year ended 30 August 2024

Period of accounts

Start date: 31 August 2023

End date: 30 August 2024

ITM ECONOMIC DEVELOPMENT LTD

Contents of the Financial Statements

for the Period Ended 30 August 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

ITM ECONOMIC DEVELOPMENT LTD

Company Information

for the Period Ended 30 August 2024




Registered office: 53
St. Martins Road
Coventry
CV3 6FD
Company Registration Number: 07750172 (England and Wales)

ITM ECONOMIC DEVELOPMENT LTD

Profit and Loss Account

for the Period Ended 30 August 2024


2024
£

2023
£
Turnover 132,859 74,821
Other Income 98,015 101,206
Cost of Materials ( 89,706 ) ( 52,819 )
Staff Costs ( 125,721 ) ( 95,987 )
Other charges ( 1,859 ) ( 1,469 )
Tax on Profit ( 2,228 ) ( 6,143 )
Profit or (Loss) for Period 11,360 19,609

ITM ECONOMIC DEVELOPMENT LTD

Balance sheet

As at 30 August 2024


2024
£

2023
£
Fixed Assets: 34,251 41,510
Current assets: 62,739 66,008
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 59,607 ) ( 66,933 )
Net current assets (liabilities): 3,132 ( 925 )
Total assets less current liabilities: 37,383 40,585
Creditors: amounts falling due after more than one year: ( 28,506 ) ( 34,124 )
Total net assets (liabilities): 8,877 6,461
Capital and reserves: 8,877 6,461

ITM ECONOMIC DEVELOPMENT LTD

Balance sheet continued

For the year ending 30 August 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 4 June 2025
And Signed On Behalf Of The Board By:

Name: Sarabjeet Singh Soar
Status: Director

The notes form part of these financial statements

ITM ECONOMIC DEVELOPMENT LTD

Footnotes to the Financial Statements

for the Period Ended 30 August 2024

  • 1. Employee Information

    Average number of employees: 6

ITM ECONOMIC DEVELOPMENT LTD

Footnotes to the Financial Statements

for the Period Ended 30 August 2024

  • 2. Off balance sheet disclosure

    No