REGISTERED NUMBER: 13518237 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 December 2024

for

INTELMATIX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr B Raza

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

13518237 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

22,288

18,511

CURRENT ASSETS

Debtors

5

111,977

48,035

Cash at bank

49,823

41,646

161,800

89,681

CREDITORS

Amounts falling due within one year

6

344,102

103,304

NET CURRENT LIABILITIES

(182,302

)

(13,623

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(160,014

)

4,888

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(160,015

)

4,887

(160,014

)

4,888

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

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

The director acknowledges his 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Mr B Raza - Director

1.	STATUTORY INFORMATION

Intelmatix Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Office Equipment

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the period 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 period 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.

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.

Going concern

At 31 December 2024, the Company was in a net liability position of £160,014. Although the Company is currently loss making, the director has indicated that the parent company has adequate resources to support the Company for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

1,505

26,821

28,326

Additions

4,270

6,779

11,049

At 31 December 2024

5,775

33,600

39,375

DEPRECIATION

At 1 April 2024

494

9,321

9,815

Charge for period

342

6,930

7,272

At 31 December 2024

836

16,251

17,087

NET BOOK VALUE

At 31 December 2024

4,939

17,349

22,288

At 31 March 2024

1,011

17,500

18,511

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Trade debtors

-

10,274

Other debtors

65,727

1,150

Value added tax

21,135

10,462

Prepayments and accrued income

25,115

26,149

111,977

48,035

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Trade creditors

60,227

18,703

Amounts owed to group undertakings

279,633

38,705

Social security and other taxes

-

42,750

Other creditors

4,242

3,146

344,102

103,304

7.	RELATED PARTY DISCLOSURES

Amounts owed to group undertakings of £279,633 is owed by the Company to another company which is under common control.

The debt has no fixed date for repayment, is repayable on demand and is non-interest bearing.