Company Registration No. 09204943 (England and Wales)
Ingeni It Services Limited
Unaudited accounts
for the year ended 31 December 2024
Ingeni It Services Limited
Unaudited accounts
Contents
Ingeni It Services Limited
Company Information
for the year ended 31 December 2024
Directors
Mr Anil Kakarla
Jyoti Kakarla
Company Number
09204943 (England and Wales)
Registered Office
1 Sycamore Square
Radlett
WD7 9FN
Ingeni It Services Limited
Statement of financial position
as at 31 December 2024
Tangible assets
18,463
32,723
Cash at bank and in hand
2,917
47,746
Creditors: amounts falling due within one year
19,114
(31,080)
Net current assets
211,838
230,933
Total assets less current liabilities
230,301
263,656
Creditors: amounts falling due after more than one year
(12,220)
(22,450)
Provisions for liabilities
Deferred tax
(2,014)
(6,218)
Net assets
216,067
234,988
Called up share capital
100
100
Profit and loss account
215,967
234,888
Shareholders' funds
216,067
234,988
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 25 June 2025 and were signed on its behalf by
Mr Anil Kakarla
Director
Company Registration No. 09204943
Ingeni It Services Limited
Notes to the Accounts
for the year ended 31 December 2024
Ingeni It Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09204943. The registered office is 1 Sycamore Square, Radlett, WD7 9FN.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ingeni It Services Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
6,886
61,190
68,076
At 31 December 2024
9,004
61,190
70,194
At 1 January 2024
4,757
30,596
35,353
Charge for the year
1,080
15,298
16,378
At 31 December 2024
5,837
45,894
51,731
At 31 December 2024
3,167
15,296
18,463
At 31 December 2023
2,129
30,594
32,723
Amounts falling due within one year
Amounts due from group undertakings etc.
185,500
176,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,226
9,957
Taxes and social security
-
5,754
Loans from directors
(29,840)
-
7
Creditors: amounts falling due after more than one year
2024
2023
Ingeni It Services Limited
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
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Transactions with related parties
The directors are also directors of Jaag Properties Limited, a company registered in England. On 31 December 2024 debtors include loans made by the company to Jaag Properties Limited amounting to £183,000 (2023 £171,000).
In Addition, A K Kakarla (director) is also a director of Taxamy Limited, a company registered in England. On 31 December 2024 debtors include loans made by the company to Taxamy Limited amounting to £2,500 (2022 £5,000)
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).