REGISTERED NUMBER: 00963176 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

I.D.T.A. (SALES) LIMITED

Page

Report of the Directors

1

Income Statement

2

Balance Sheet

3

Notes to the Financial Statements

4

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

DIRECTORS

The directors who served during the year ended 31 December 2024 were:

President:

President Elect:

Mrs J Kirkland

Ms L Armsby

Financial Director:

Immediate Past President:

Mr M A Sandham

Mrs Y N Saunders

Other:

Ms D Chapman

Mr D Kelly

Ms L Cook

Ms J H Kemp - appointed 8 July 2024

Mr P E Diment

Ms L A King

Mr C Donaldson

Ms D L Parker

Ms L Hastings

Ms K D Skinner

Ms W Heywood

Mr B Thomson

Mrs V Hooper - resigned 8 July 2024

Mrs B Underwood (Miss B Sharples) - resigned 7 July 2025

Miss A M Jones - resigned 7 July 2025

Mr P Winston - resigned 7 July 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

BY ORDER OF THE BOARD:

J S Harrison - Secretary

25th September 2025

TURNOVER

222,728

139,388

Cost of sales

(143,483

)

(76,911

)

GROSS PROFIT

79,245

62,477

Administrative expenses

(108,793

)

(110,453

)

OPERATING LOSS

(29,548

)

(47,976

)

Interest receivable and similar income

538

314

LOSS BEFORE TAXATION

(29,010

)

(47,662

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(29,010

)

(47,662

)

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

3,616

3,443

3,617

3,444

CURRENT ASSETS

Stocks

102,767

104,727

Debtors

6

215,836

183,814

Cash at bank

23,072

82,390

341,675

370,931

CREDITORS

Amounts falling due within one year

7

(30,279

)

(30,352

)

NET CURRENT ASSETS

311,396

340,579

TOTAL ASSETS LESS CURRENT LIABILITIES

315,013

344,023

CAPITAL AND RESERVES

Called up share capital

8

2,000

2,000

Retained earnings

313,013

342,023

SHAREHOLDERS' FUNDS

315,013

344,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2025 and were signed on its behalf by:

L Armsby - Director

M Sandham - Director

1.	Statutory information

I.D.T.A. (Sales) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00963176

Registered office:

International House

76 Bennett Road

BRIGHTON

East Sussex

BN2 5JL

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest £1.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of consideration received or receivable and represents amounts receivable for goods and services supplied.

Revenue from sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Intangible assets

Intangible assets are initially measured at cost and subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Copyrights have been fully amortised.

Depreciation and amortisation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Intangible fixed assets

Other

intangible

assets

£

COST

At 1st January 2024

and 31st December 2024

3,490

AMORTISATION

At 1st January 2024

and 31st December 2024

3,489

NET BOOK VALUE

At 31st December 2024

1

At 31st December 2023

1

5.	Tangible fixed assets

Plant and

machinery

etc

£

COST

At 1st January 2024

14,117

Additions

954

At 31st December 2024

15,071

DEPRECIATION

At 1st January 2024

10,674

Charge for year

781

At 31st December 2024

11,455

NET BOOK VALUE

At 31st December 2024

3,616

At 31st December 2023

3,443

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

7,619

12,554

Amounts owed by group undertakings

195,170

162,436

Other debtors

13,047

8,824

215,836

183,814

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

22,819

22,712

Taxation and social security

1,916

2,523

Other creditors

5,544

5,117

30,279

30,352

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2,000

Ordinary

£1

2,000

2,000