INDUSTRIAL TECHNICAL HOLDINGS LTD

Company Registration Number:
14323711 (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

INDUSTRIAL TECHNICAL HOLDINGS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

INDUSTRIAL TECHNICAL HOLDINGS LTD

Balance sheet

As at 31 December 2024


Notes
2024
16 months to 31 December 2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 0 312
Tangible assets: 4 380,930 324,430
Total fixed assets: 380,930 324,742
Current assets
Stocks: 1,779,340 2,124,697
Debtors:   1,134,000 655,000
Cash at bank and in hand: 974,700 1,829,262
Investments:   0 0
Total current assets: 3,888,040 4,608,959
Creditors: amounts falling due within one year:   (1,903,210) (2,349,800)
Net current assets (liabilities): 1,984,830 2,259,159
Total assets less current liabilities: 2,365,760 2,583,901
Creditors: amounts falling due after more than one year:   (649,104) (930,753)
Provision for liabilities: 0
Total net assets (liabilities): 1,716,656 1,653,148
Capital and reserves
Called up share capital: 35,786 35,786
Share premium account: 2,503,715 2,455,896
Revaluation reserve: 00
Other reserves: 81,032 93,614
Profit and loss account: (903,877) (932,148)
Shareholders funds: 1,716,656 1,653,148

The notes form part of these financial statements

INDUSTRIAL TECHNICAL HOLDINGS LTD

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 08 January 2025
and signed on behalf of the board by:

Name: ANDREAS SPIEGEL
Status: Director

The notes form part of these financial statements

INDUSTRIAL TECHNICAL HOLDINGS LTD

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 Financial Reporting Standard 101

INDUSTRIAL TECHNICAL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 16 months to 31 December 2023
Average number of employees during the period 102 110

INDUSTRIAL TECHNICAL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 6,647
At 31 December 2024 6,647
Amortisation
At 01 January 2024 6,335
Charge for year 312
At 31 December 2024 6,647
Net book value
At 31 December 2024 0
At 31 December 2023 312

INDUSTRIAL TECHNICAL HOLDINGS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 1,087,532
Additions 58,986
At 31 December 2024 1,146,518
Depreciation
At 01 January 2024 763,102
Charge for year 2,486
At 31 December 2024 765,588
Net book value
At 31 December 2024 380,930
At 31 December 2023 324,430