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COMPANY REGISTRATION NUMBER: 05234084
Incotec Solutions Limited
Filleted Unaudited Financial Statements
31 August 2024
Incotec Solutions Limited
Statement of Financial Position
31 August 2024
2024
2023
£
£
£
Fixed assets
269
507
----
----
Current assets
31,849
34,226
Creditors: amounts falling due within one year
( 12,622)
( 12,206)
---------
---------
Net Current Assets
19,227
22,020
---------
---------
Total Assets Less Current Liabilities
19,496
22,527
Accruals and deferred income
( 77)
( 52)
---------
---------
19,419
22,475
---------
---------
Capital and reserves
19,419
22,475
---------
---------
Notes to the Financial Statements
1. Employee Numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Director's Advances, Credits and Guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr O J Alao
14,971
3,853
( 500)
18,324
---------
-------
----
---------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr O J Alao
5,289
14,971
( 5,289)
14,971
-------
---------
-------
---------
Interest has been charged on the loan at a rate of 2.25% when overdrawn. The loan is repayable on demand.
For the year ending 31st August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 12 June 2025 , and are signed on behalf of the board by:
Mr O J Alao
Director
Company registration number: 05234084
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 89 Midland Road, Bramhall, Stockport, Cheshire, SK7 3DT.