Company Registration No. 06501083 (England and Wales)
Intelligent Recording Limited
Unaudited accounts
for the year ended 31 December 2024
Intelligent Recording Limited
Unaudited accounts
Contents
Intelligent Recording Limited
Company Information
for the year ended 31 December 2024
Directors
Philip Hill
Steven Trok
Company Number
06501083 (England and Wales)
Registered Office
The Tangent
Weighbridge Road
Shirebrook
Mansfield
Nottinghamshire
NG20 8RX
England
Intelligent Recording Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
78,348
21,887
Creditors: amounts falling due within one year
(306,465)
(288,290)
Net current liabilities
(177,021)
(245,069)
Total assets less current liabilities
(174,231)
(244,781)
Creditors: amounts falling due after more than one year
(184,000)
(188,500)
Net liabilities
(358,231)
(433,281)
Called up share capital
155
143
Profit and loss account
(366,356)
(441,394)
Shareholders' funds
(358,231)
(433,281)
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 directors acknowledge their 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 of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Philip Hill
Director
Company Registration No. 06501083
Intelligent Recording Limited
Notes to the Accounts
for the year ended 31 December 2024
Intelligent Recording Limited is a private company, limited by shares, registered in England and Wales, registration number 06501083. The registered office is The Tangent, Weighbridge Road, Shirebrook, Mansfield, Nottinghamshire, NG20 8RX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
2,056
1,143
3,199
At 31 December 2024
2,056
4,165
6,221
At 1 January 2024
2,053
858
2,911
Charge for the year
-
520
520
At 31 December 2024
2,053
1,378
3,431
At 31 December 2024
3
2,787
2,790
At 31 December 2023
3
285
288
Amounts falling due within one year
Trade debtors
26,576
4,884
Other debtors
24,520
16,450
Intelligent Recording Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,000
9,000
Trade creditors
23,245
6,814
Taxes and social security
25,310
24,765
Other creditors
36,972
38,692
Loans from directors
115,775
124,983
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
175,000
175,000
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).