1 August 2024 false No description of principal activity Taxfiler 2024.6 12773811 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12773811 2024-07-31 12773811 2024-08-01 2025-07-31 12773811 business:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12773811 business:FilletedAccounts 2024-08-01 2025-07-31 12773811 2025-07-31 12773811 business:Director1 2024-08-01 2025-07-31 12773811 business:CompanySecretary1 2024-08-01 2025-07-31 12773811 business:RegisteredOffice 2024-08-01 2025-07-31 12773811 2024-07-31 12773811 core:WithinOneYear 2025-07-31 12773811 core:WithinOneYear 2024-07-31 12773811 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 12773811 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 12773811 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 12773811 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 12773811 core:PreviouslyStatedAmount 2025-07-31 12773811 core:PreviouslyStatedAmount 2024-07-31 12773811 business:SmallEntities 2024-08-01 2025-07-31 12773811 countries:EnglandWales 2024-08-01 2025-07-31 12773811 core:LandBuildings 2024-08-01 2025-07-31 12773811 core:PlantMachinery 2024-08-01 2025-07-31 12773811 core:MotorVehicles 2024-08-01 2025-07-31 12773811 core:FurnitureFittings 2024-08-01 2025-07-31 12773811 core:ComputerEquipment 2024-08-01 2025-07-31 12773811 core:PlantMachinery 2024-07-31 12773811 core:FurnitureFittings 2024-07-31 12773811 core:ComputerEquipment 2024-07-31 12773811 core:PlantMachinery 2025-07-31 12773811 core:FurnitureFittings 2025-07-31 12773811 core:ComputerEquipment 2025-07-31 12773811 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12773811 (England and Wales)
IT SQUAD GLOBAL LTD Unaudited accounts for the year ended 31 July 2025
IT SQUAD GLOBAL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IT SQUAD GLOBAL LTD Company Information for the year ended 31 July 2025
Director
Matthew Brown
Secretary
Matthew Brown
Company Number
12773811 (England and Wales)
Registered Office
41 MORANT CRESCENT BOTLEY SOUTHAMPTON SO32 2FY ENGLAND
Accountants
Accountancy Solutions (Winchester) Limited Trafalgar House 223 Southampton Road Portchester Hampshire PO6 4PY
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IT SQUAD GLOBAL LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
29,068
25,534
Cash at bank and in hand
13,511
9,862
42,579
35,396
Creditors: amounts falling due within one year
6
(11,732)
(13,213)
Net current assets
30,847
22,183
Net assets
30,847
22,183
Capital and reserves
Called up share capital
2
2
Profit and loss account
30,845
22,181
Shareholders' funds
30,847
22,183
For the year ending 31 July 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 his 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 and authorised for issue on 25 March 2026 and were signed on its behalf by
Matthew Brown Director Company Registration No. 12773811
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IT SQUAD GLOBAL LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
IT SQUAD GLOBAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12773811. The registered office is 41 MORANT CRESCENT, BOTLEY, SOUTHAMPTON, SO32 2FY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
33% Straight Line
Plant & machinery
33% Straight Line
Motor vehicles
33% Straight Line
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
408
263
4,181
4,852
At 31 July 2025
408
263
4,181
4,852
Depreciation
At 1 August 2024
408
263
4,181
4,852
At 31 July 2025
408
263
4,181
4,852
Net book value
At 31 July 2025
-
-
-
-
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IT SQUAD GLOBAL LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
(4,085)
(3,465)
Trade debtors
33,071
28,917
Accrued income and prepayments
82
82
29,068
25,534
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,571
6,944
Taxes and social security
1,093
164
Other creditors
(128)
(108)
Loans from directors
5,276
5,293
Accruals
920
920
11,732
13,213
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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