ITEBA SP LIMITED

Company Registration Number:
02709209 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ITEBA SP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

ITEBA SP LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 144,931 146,081
Tangible assets: 4 120,270 124,100
Total fixed assets: 265,201 270,181
Current assets
Debtors:   558,242 541,055
Cash at bank and in hand: 9,600 19,807
Total current assets: 567,842 560,862
Creditors: amounts falling due within one year: 5 (117,560) (129,996)
Net current assets (liabilities): 450,282 430,866
Total assets less current liabilities: 715,483 701,047
Creditors: amounts falling due after more than one year:   (24,477) (44,076)
Total net assets (liabilities): 691,006 656,971
Capital and reserves
Called up share capital: 500,000 500,000
Share premium account: 491,500 491,500
Profit and loss account: (300,494) (334,529)
Shareholders funds: 691,006 656,971

The notes form part of these financial statements

ITEBA SP LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 March 2025
and signed on behalf of the board by:

Name: PA Griffin
Status: Director

The notes form part of these financial statements

ITEBA SP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ITEBA SP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

ITEBA SP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 266,456
At 31 December 2024 266,456
Amortisation
At 01 January 2024 120,375
Charge for year 1,150
At 31 December 2024 121,525
Net book value
At 31 December 2024 144,931
At 31 December 2023 146,081

ITEBA SP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 188,764
At 31 December 2024 188,764
Depreciation
At 01 January 2024 64,664
Charge for year 3,830
At 31 December 2024 68,494
Net book value
At 31 December 2024 120,270
At 31 December 2023 124,100

ITEBA SP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Creditors include Covid BBL, PAYE & NI, VAT and short term trade creditors.