Intecon UK Ltd - Filleted accounts

Intecon UK Ltd
Registered number:		10072489
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,591			2,108

Current assets
Debtors	4	52,224			75,978
Cash at bank and in hand		118,545			302,073
		170,769			378,051

Creditors: amounts falling due within one year	5	7,104			(20,826)

Net current assets			177,873			357,225

Net assets			181,464			359,333

Capital and reserves
Called up share capital			100			100
Profit and loss account			181,364			359,233

Shareholders' funds			181,464			359,333

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Akin Karabulut
Director
Approved by the board on 12 December 2025

Intecon UK Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				6,278
	Additions				2,922
	At 31 March 2025				9,200

	Depreciation
	At 1 April 2024				4,170
	Charge for the year				1,439
	At 31 March 2025				5,609

	Net book value
	At 31 March 2025				3,591
	At 31 March 2024				2,108




4	Debtors		2025		2024
£				£

	Trade debtors		52,224		57,407
	Other debtors		-		18,571
			52,224		75,978


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Corporation tax		11,728		11,971
	Other taxes and social security costs		13,293		7,255
	Other creditors		(32,125)		1,600
			(7,104)		20,826




6	Related party transactions

	As at the balance sheet date, the directors owe their company £46,525, (£nil: 2024) which has been included under other creditors due within one year. The directors debts to the company was paid off within nine months after year end.


7	Controlling party

	The company is under the control of its directors who are also 50% shareholders each.


8	Other information

	Intecon UK Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	3 Edgecot Grove
	South Tottenham
	London
	N15 5HD