I-TECH GEEKS LTD - Accounts

I-TECH GEEKS LTD
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For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

I-TECH GEEKS LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	6,259	376
		6,259	376
Current assets
Debtors		292	292
Cash at bank and in hand		37,867	6,035
		38,159	6,327
Creditors: amount falling due within one year		(36,057)	(1,621)
Net current assets		2,102	4,706

Total assets less current liabilities		8,361	5,082
Creditors: amount falling due after more than one year		(35,946)	(37,809)
Provisions for liabilities		(309)	(309)
Net assets		(27,894)	(33,036)

Capital and reserves
Called up share capital		2	2
Profit and loss account		(27,896)	(33,038)
Shareholders' funds		(27,894)	(33,036)

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.

Directors' 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 directors acknowledge 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 income statement 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 board of directors on 30 December 2025 and were signed on its behalf by:

-------------------------------
Taimoor Anwar
Director

1

I-TECH GEEKS LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

I-TECH GEEKS LTD is a private company, limited by shares, registered in England and Wales, registration number 08933313, registration address 70 High Street, Scunthorpe, DN15 6SD.

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:

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 4).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	5,918	-	5,918
Additions	-	5,923	5,923
Disposals	-	-	-
At 31 March 2025	5,918	5,923	11,841
Depreciation
At 01 April 2024	5,542	-	5,542
Charge for year	37	3	40
On disposals	-	-	-
At 31 March 2025	5,579	3	5,582
Net book values
Closing balance as at 31 March 2025	339	5,920	6,259
Opening balance as at 01 April 2024	376	-	376

2

Registered Number: 08933313
England and Wales
I-TECH GEEKS LTD

Abridged Accounts

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