Company registration number: 09512905
Unaudited financial statements
for the period ended 28 September 2024
for
In It Together Promotions Ltd
Pages for filing with the Registrar
In It Together Promotions Ltd
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
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 It Together Promotions Ltd for the period ended 28 September 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of In It Together Promotions Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of In It Together Promotions Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than In It Together Promotions Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that In It Together Promotions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of In It Together Promotions Ltd. You consider that In It Together Promotions Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of In It Together Promotions Ltd. 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.
Horley and Stone Ltd
Finance House
221B Tamworth Road
Long Eaton
Nottingham
British Forces
NG10 1DN
United Kingdom
Date: 27 June 2025
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Company registration number: 09512905
In It Together Promotions Ltd
Balance sheet
as at 28 September 2024
28 Sep 24 30 Sep 23
Note £ £ £ £
Fixed assets
Intangible assets 4 2,200 3,300
Tangible assets 5 1,016 1,270
3,216 4,570
Current assets
Debtors 460 (1,176)
Cash at bank and in hand 6,079 3,917
6,539 2,741
Creditors: amounts falling due within one
year
(23,533) (34,538)
Net current liabilities (16,994) (31,797)
Total assets less current liabilities (13,778) (27,227)
Creditors: Amounts falling due after more
than one year
(29,348) (26,619)
NET LIABILITIES (43,126) (53,846)
Capital and reserves
Called up share capital 1 1
Profit and loss account (43,127) (53,847)
TOTAL EQUITY (43,126) (53,846)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 28 September 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09512905
In It Together Promotions Ltd
Balance sheet - continued
as at 28 September 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 June 2025 and signed on its behalf by:
Mr G Horsborough, Director Mrs F Watkins, Director
27 June 2025 27 June 2025
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In It Together Promotions Ltd
Notes to the financial statements
for the period ended 28 September 2024
1 Company information
In It Together Promotions Ltd is a private company registered in England and Wales. Its registered number is 09512905. The company is limited by shares. Its registered office is 38 Burnet Drive, Pontllanfraith, Blackwood, Gwent, NP12 2FN.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% straight line
Computer equipment - 20% reducing balance
3 Average number of employees
During the period the average number of employees was Nil (2023 - Nil).
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In It Together Promotions Ltd
Notes to the financial statements - continued
for the period ended 28 September 2024
4 Intangible assets
Goodwill
£
Cost
At 1 October 2023 11,000
At 28 September 2024 11,000
Amortisation
At 1 October 2023 7,700
Charge for period 1,100
At 28 September 2024 8,800
Net book value
At 28 September 2024 2,200
At 30 September 2023 3,300
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2023 12,381
At 28 September 2024 12,381
Depreciation
At 1 October 2023 11,111
Charge for period 254
At 28 September 2024 11,365
Net book value
At 28 September 2024 1,016
At 30 September 2023 1,270
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In It Together Promotions Ltd
Notes to the financial statements - continued
for the period ended 28 September 2024
5 Tangible fixed assets - continued
If 1 had not been revalued, 1 would have been included at the following historical cost:
28 Sep 24 30 Sep 23
£ £
Cost 1 -
Accumulated depreciation - -
6 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the periods ended 28 September 2024 and 30 September 2023.
28 Sep 24 30 Sep 23
£ £
Balance outstanding at start of period 20,490 -
Balance outstanding at end of period 20,490 -
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