1 January 2024 false No description of principal activity Taxfiler 2024.6 06973050business:PrivateLimitedCompanyLtd2024-01-012024-12-31 069730502023-12-31 069730502024-01-012024-12-31 06973050business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 06973050business:FilletedAccounts2024-01-012024-12-31 069730502024-12-31 06973050business:Director12024-01-012024-12-31 06973050business:CompanySecretary12024-01-012024-12-31 06973050business:RegisteredOffice2024-01-012024-12-31 069730502023-12-31 06973050core:WithinOneYear2024-12-31 06973050core:WithinOneYear2023-12-31 06973050core:AfterOneYear2024-12-31 06973050core:AfterOneYear2023-12-31 06973050core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 06973050core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 06973050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 06973050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06973050core:PreviouslyStatedAmount2024-12-31 06973050core:PreviouslyStatedAmount2023-12-31 06973050business:SmallEntities2024-01-012024-12-31 06973050countries:EnglandWales2024-01-012024-12-31 06973050core:PlantMachinery2024-01-012024-12-31 06973050core:FurnitureFittings2024-01-012024-12-31 06973050core:Goodwill2023-12-31 06973050core:Goodwill2024-12-31 06973050core:Goodwill2024-01-012024-12-31 06973050core:PlantMachinery2023-12-31 06973050core:FurnitureFittings2023-12-31 06973050core:PlantMachinery2024-12-31 06973050core:FurnitureFittings2024-12-31 069730502023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06973050 (England and Wales)
I4 Automation Ltd Unaudited accounts for the year ended 31 December 2024
I4 Automation Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
I4 Automation Ltd Company Information for the year ended 31 December 2024
Director
A Johnson-Chapman
Secretary
L Johnson-Chapman
Company Number
06973050 (England and Wales)
Registered Office
Unit 5 Home Farm The Street Diddington St. Neots PE19 5XT
- 3 -
I4 Automation Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
- 
1,193 
Tangible assets
5
4,159 
2,105 
4,159 
3,298 
Current assets
Inventories
158,732 
220,984 
Debtors
6
53,108 
89,475 
Cash at bank and in hand
102,552 
87,890 
314,392 
398,349 
Creditors: amounts falling due within one year
7
(155,197)
(134,999)
Net current assets
159,195 
263,350 
Total assets less current liabilities
163,354 
266,648 
Creditors: amounts falling due after more than one year
8
(4,671)
(14,806)
Net assets
158,683 
251,842 
Capital and reserves
Called up share capital
430 
430 
Profit and loss account
158,253 
251,412 
Shareholders' funds
158,683 
251,842 
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 director acknowledges his 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 and authorised for issue on 18 September 2025 and were signed on its behalf by
A Johnson-Chapman Director Company Registration No. 06973050
- 4 -
I4 Automation Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
I4 Automation Ltd is a private company, limited by shares, registered in England and Wales, registration number 06973050. The registered office is Unit 5 Home Farm, The Street Diddington, St. Neots, PE19 5XT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
10% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
5,973 
At 31 December 2024
5,973 
Amortisation
At 1 January 2024
4,780 
Charge for the year
1,193 
At 31 December 2024
5,973 
Net book value
At 31 December 2024
- 
At 31 December 2023
1,193 
- 5 -
I4 Automation Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
7,842 
- 
7,842 
Additions
968 
2,550 
3,518 
At 31 December 2024
8,810 
2,550 
11,360 
Depreciation
At 1 January 2024
5,737 
- 
5,737 
Charge for the year
1,209 
255 
1,464 
At 31 December 2024
6,946 
255 
7,201 
Net book value
At 31 December 2024
1,864 
2,295 
4,159 
At 31 December 2023
2,105 
- 
2,105 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,756 
85,045 
Accrued income and prepayments
5,352 
4,430 
53,108 
89,475 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,141 
10,141 
VAT
26,383 
44,248 
Trade creditors
49,902 
39,804 
Amounts owed to group undertakings and other participating interests
52,405 
- 
Taxes and social security
14,839 
35,770 
Accruals
1,527 
5,036 
155,197 
134,999 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,671 
14,806 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -