And It Has Ltd 12963298 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the management of a subscription based allergen and ingrediant app. Digita Accounts Production Advanced 6.30.9574.0 true 12963298 2023-11-01 2024-10-31 12963298 2024-10-31 12963298 core:CurrentFinancialInstruments 2024-10-31 12963298 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 12963298 core:OfficeEquipment 2024-10-31 12963298 bus:SmallEntities 2023-11-01 2024-10-31 12963298 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12963298 bus:FilletedAccounts 2023-11-01 2024-10-31 12963298 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12963298 bus:RegisteredOffice 2023-11-01 2024-10-31 12963298 bus:CompanySecretaryDirector1 2023-11-01 2024-10-31 12963298 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12963298 bus:Agent1 2023-11-01 2024-10-31 12963298 core:OfficeEquipment 2023-11-01 2024-10-31 12963298 countries:EnglandWales 2023-11-01 2024-10-31 12963298 2023-10-31 12963298 core:OfficeEquipment 2023-10-31 12963298 2022-11-01 2023-10-31 12963298 2023-10-31 12963298 core:CurrentFinancialInstruments 2023-10-31 12963298 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 12963298 core:OfficeEquipment 2023-10-31 iso4217:GBP xbrli:pure

Registration number: 12963298

And It Has Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

And It Has Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

And It Has Ltd

Company Information

Director

E Phillips

Company secretary

E Phillips

Registered office

71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ

Accountants

Clement Rabjohns Limited
Chartered Accountants111/113 High Street
Evesham
Worcestershire
WR11 4XP

 

And It Has Ltd

(Registration number: 12963298)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

101

201

Current assets

 

Debtors

5

5,050

-

Cash at bank and in hand

 

1,020

1,958

 

6,070

1,958

Creditors: Amounts falling due within one year

6

(63,783)

(60,160)

Net current liabilities

 

(57,713)

(58,202)

Net liabilities

 

(57,612)

(58,001)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(57,613)

(58,002)

Shareholders' deficit

 

(57,612)

(58,001)

For the financial year ending 31 October 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2025
 

.........................................
E Phillips
Company secretary and director

 

And It Has Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ
United Kingdom

These financial statements were authorised for issue by the director on 24 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

And It Has Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

And It Has Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 November 2023

302

302

At 31 October 2024

302

302

Depreciation

At 1 November 2023

101

101

Charge for the year

100

100

At 31 October 2024

201

201

Carrying amount

At 31 October 2024

101

101

At 31 October 2023

201

201

5

Debtors

Current

2024
£

2023
£

Trade debtors

5,050

-

 

5,050

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

900

900

Other creditors

62,883

59,260

63,783

60,160