Company Registration No. 14808553 (England and Wales)
It (iow) Limited
Unaudited accounts
for the year ended 31 March 2025
It (iow) Limited
Unaudited accounts
Contents
It (iow) Limited
Company Information
for the year ended 31 March 2025
Company Number
14808553 (England and Wales)
Registered Office
7 St. Edmunds Walk
Wootton Bridge
Ryde
Isle of Wight
PO33 4JB
England
Accountants
Caryn March Accountants Limited
7 St Edmunds Walk
Wootton Bridge
Ryde
Isle of Wight
PO33 4JB
It (iow) Limited
Accountants' report
Accountants' report to the director of It (iow) Limited on the preparation of the unaudited statutory accounts 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
It (iow) Limited for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of It (iow) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of It (iow) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than It (iow) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that It (iow) 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 loss of It (iow) Limited. You consider that It (iow) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of It (iow) 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 statutory accounts.
Caryn March Accountants Limited
7 St Edmunds Walk
Wootton Bridge
Ryde
Isle of Wight
PO33 4JB
31 December 2025
It (iow) Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
14,796
Creditors: amounts falling due within one year
(271,630)
Net current liabilities
(131,841)
Total assets less current liabilities
(32,103)
Creditors: amounts falling due after more than one year
(12,500)
Called up share capital
10
Profit and loss account
(44,613)
Shareholders' funds
(44,603)
For the year ending 31 March 2025 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 director acknowledges her 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 the year in accordance with Section 444(2A).
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 and authorised for issue on 31 December 2025 and were signed on its behalf by
SHARON HINALLAS
Director
Company Registration No. 14808553
It (iow) Limited
Notes to the Accounts
for the year ended 31 March 2025
It (iow) Limited is a private company, limited by shares, registered in England and Wales, registration number 14808553. The registered office is 7 St. Edmunds Walk, Wootton Bridge, Ryde, Isle of Wight, PO33 4JB, 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 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
It (iow) Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 4.