I.T. BARBERS LIMITED

I.T. BARBERS LIMITED
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Balance sheet	2
Notes to the financial statements	3

I.T. BARBERS LIMITED Accountants' Report For the year ended 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of I.T. BARBERS LIMITED for the year ended 31 March 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I.T. BARBERS LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given to us. As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations. This report is made solely to the Board of Directors of I.T. BARBERS LIMITED, as a body, in accordance with the terms of our engagement letter dated 16 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of I.T. BARBERS LIMITED and state those matters that we have agreed to state to the Board of Directors of I.T. BARBERS LIMITED, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I.T. BARBERS LIMITED and its Board of Directors as a body for our work or for this report. It is your duty to ensure that I.T. BARBERS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of I.T. BARBERS LIMITED.You consider that I.T. BARBERS LIMITED is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of I.T. BARBERS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 March 2025. .................................................... I Owarish & Co Accountants Limited 1 Cheapside North Circular Road London N13 5ED 16 December 2025 1

I.T. BARBERS LIMITED
Accountants' Report
For the year ended 31 March 2025

Report to the directors on the preparation of the unaudited statutory accounts of I.T. BARBERS LIMITED for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I.T. BARBERS LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the Board of Directors of I.T. BARBERS LIMITED, as a body, in accordance with the terms of our engagement letter dated 16 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of I.T. BARBERS LIMITED and state those matters that we have agreed to state to the Board of Directors of I.T. BARBERS LIMITED, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I.T. BARBERS LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that I.T. BARBERS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of I.T. BARBERS LIMITED.You consider that I.T. BARBERS LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of I.T. BARBERS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 March 2025.

....................................................

I Owarish & Co Accountants Limited
1 Cheapside
North Circular Road
London
N13 5ED
16 December 2025

1

I.T. BARBERS LIMITED
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	4,266	5,266
		4,266	5,266
Current assets
Stocks		7,553	7,553
Debtors		0	885
Cash at bank and in hand		(53,780)	(17,936)
		(46,227)	(9,498)
Creditors: amount falling due within one year		(20,589)	(35,288)
Net current assets		(66,816)	(44,786)

Total assets less current liabilities		(62,550)	(39,520)
Creditors: amount falling due after more than one year		(24,465)	(24,465)
Accruals and deferred income		(2,800)	(2,800)
Net assets		(89,815)	(66,785)

Capital and reserves
Called up share capital	4	3	3
Share premium account		11,699	11,699
Profit and loss account		(101,517)	(78,487)
Shareholders' funds		(89,815)	(66,785)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 16 December 2025 and were signed by:

-------------------------------
Anastasia Kokkinou
Director

2

I.T. BARBERS LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

I.T. BARBERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07131828, registration address 144 -146 FETTER LANE, LONDON ENGLAND, Middlesex, EC4A 1BT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

5 Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 April 2024	6,266	6,266
Additions	-	-
Disposals	-	-
At 31 March 2025	6,266	6,266
Depreciation
At 01 April 2024	2,000	2,000
Charge for year	-	-
On disposals	-	-
At 31 March 2025	2,000	2,000
Net book values
Closing balance as at 31 March 2025	4,266	4,266
Opening balance as at 01 April 2024	5,266	5,266

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
3 Class A shares of £1.00 each	3		3
	3		3

3

Registered Number: 07131828
England and Wales
I.T. BARBERS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025