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REGISTERED NUMBER: 09860764 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2024

for

In-Tech Solutions Limited

In-Tech Solutions Limited (Registered number: 09860764)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


In-Tech Solutions Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R M James
Mrs K A Phillips
J C James
Mrs A J James





REGISTERED OFFICE: 65 Park Road
Burntwood
Staffordshire
WS7 0EE





REGISTERED NUMBER: 09860764 (England and Wales)





ACCOUNTANTS: M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
In-Tech Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of In-Tech Solutions Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of In-Tech Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of In-Tech Solutions Limited and state those matters that we have agreed to state to the Board of Directors of In-Tech Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than In-Tech Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that In-Tech Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of In-Tech Solutions Limited. You consider that In-Tech Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of In-Tech Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF


6 May 2025

In-Tech Solutions Limited (Registered number: 09860764)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 119,273 116,609

CURRENT ASSETS
Stocks 1,600 1,200
Debtors 5 3,560 3,319
Prepayments and accrued income 1,963 1,070
Cash at bank 901,493 918,951
908,616 924,540
CREDITORS
Amounts falling due within one year 6 90,804 110,972
NET CURRENT ASSETS 817,812 813,568
TOTAL ASSETS LESS CURRENT LIABILITIES 937,085 930,177

PROVISIONS FOR LIABILITIES (31,576 ) (31,484 )

ACCRUALS AND DEFERRED INCOME (23,289 ) (33,703 )
NET ASSETS 882,220 864,990

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 881,220 863,990
SHAREHOLDERS' FUNDS 882,220 864,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





Mrs K A Phillips - Director


In-Tech Solutions Limited (Registered number: 09860764)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

In-Tech Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the invoiced value of goods supplied net of VAT and discounts. Turnover from the sale of goods is recognised when the company has transferred the significant risks and rewards of ownership of the goods to the buyer, when the amount of turnover can be measured reliably and when it is probable that the economic benefits associated with the transaction will flow to the company, typically on the delivery of goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

In-Tech Solutions Limited (Registered number: 09860764)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 1,304 183,431 1,456 186,191
Additions - 37,088 1,142 38,230
At 31 December 2024 1,304 220,519 2,598 224,421
DEPRECIATION
At 1 January 2024 561 67,766 1,255 69,582
Charge for year 166 35,099 301 35,566
At 31 December 2024 727 102,865 1,556 105,148
NET BOOK VALUE
At 31 December 2024 577 117,654 1,042 119,273
At 31 December 2023 743 115,665 201 116,609

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,010 2,769
Other debtors 550 550
3,560 3,319

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,902 17,944
Taxation and social security 39,276 45,748
Other creditors 49,626 47,280
90,804 110,972