1 August 2024 false No description of principal activity Taxfiler 2024.6 12096606 business:PrivateLimitedCompanyLtd 2024-08-01 2025-12-31 12096606 2024-07-31 12096606 2024-08-01 2025-12-31 12096606 business:AuditExemptWithAccountantsReport 2024-08-01 2025-12-31 12096606 business:FilletedAccounts 2024-08-01 2025-12-31 12096606 2025-12-31 12096606 business:Director1 2024-08-01 2025-12-31 12096606 business:RegisteredOffice 2024-08-01 2025-12-31 12096606 2024-07-31 12096606 core:WithinOneYear 2025-12-31 12096606 core:WithinOneYear 2024-07-31 12096606 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 12096606 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 12096606 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 12096606 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 12096606 core:PreviouslyStatedAmount 2025-12-31 12096606 core:PreviouslyStatedAmount 2024-07-31 12096606 business:SmallEntities 2024-08-01 2025-12-31 12096606 countries:EnglandWales 2024-08-01 2025-12-31 12096606 core:LandBuildings 2024-08-01 2025-12-31 12096606 core:PlantMachinery 2024-08-01 2025-12-31 12096606 core:ComputerEquipment 2024-08-01 2025-12-31 12096606 core:Goodwill 2024-07-31 12096606 core:Goodwill 2025-12-31 12096606 core:Goodwill 2024-08-01 2025-12-31 12096606 core:LandBuildings 2024-07-31 12096606 core:PlantMachinery 2024-07-31 12096606 core:MotorVehicles 2024-07-31 12096606 core:ComputerEquipment 2024-07-31 12096606 core:MotorVehicles 2024-08-01 2025-12-31 12096606 core:LandBuildings 2025-12-31 12096606 core:PlantMachinery 2025-12-31 12096606 core:MotorVehicles 2025-12-31 12096606 core:ComputerEquipment 2025-12-31 12096606 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12096606 (England and Wales)
I2i Hospitality Limited Unaudited accounts for the period from 1 August 2024 to 31 December 2025
I2i Hospitality Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
I2i Hospitality Limited Company Information for the period from 1 August 2024 to 31 December 2025
Director
Peter Harvey
Company Number
12096606 (England and Wales)
Registered Office
13 The Close Norwich NR1 4DS England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
- 3 -
I2i Hospitality Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
16,995
20,320
Tangible assets
5
131,801
154,179
148,796
174,499
Current assets
Inventories
65,000
47,500
Debtors
6
332,524
300,000
Cash at bank and in hand
241,091
252,927
638,615
600,427
Creditors: amounts falling due within one year
7
(362,326)
(324,107)
Net current assets
276,289
276,320
Total assets less current liabilities
425,085
450,819
Provisions for liabilities
Deferred tax
(29,797)
(38,546)
Net assets
395,288
412,273
Capital and reserves
Called up share capital
100
100
Profit and loss account
395,188
412,173
Shareholders' funds
395,288
412,273
For the period ending 31 December 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 1 May 2026 and were signed on its behalf by
Peter Harvey Director Company Registration No. 12096606
- 4 -
I2i Hospitality Limited Notes to the Accounts for the period from 1 August 2024 to 31 December 2025
1
Statutory information
I2i Hospitality Limited is a private company, limited by shares, registered in England and Wales, registration number 12096606. The registered office is 13 The Close, Norwich, NR1 4DS, 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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
5 to 10 years Straight Line
Plant & machinery
5 years Straight Line
Computer equipment
3 years Straight Line
- 5 -
I2i Hospitality Limited Notes to the Accounts for the period from 1 August 2024 to 31 December 2025
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024
33,250
At 31 December 2025
33,250
Amortisation
At 1 August 2024
12,930
Charge for the period
3,325
At 31 December 2025
16,255
Net book value
At 31 December 2025
16,995
At 31 July 2024
20,320
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
210,063
29,614
41,290
3,636
284,603
Additions
-
14,581
-
875
15,456
Disposals
-
(1,560)
-
-
(1,560)
At 31 December 2025
210,063
42,635
41,290
4,511
298,499
Depreciation
At 1 August 2024
99,289
18,669
10,322
2,144
130,424
Charge for the period
20,978
8,089
7,742
639
37,448
On disposals
-
(1,174)
-
-
(1,174)
At 31 December 2025
120,267
25,584
18,064
2,783
166,698
Net book value
At 31 December 2025
89,796
17,051
23,226
1,728
131,801
At 31 July 2024
110,774
10,945
30,968
1,492
154,179
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
332,524
300,000
- 6 -
I2i Hospitality Limited Notes to the Accounts for the period from 1 August 2024 to 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,378
18,463
VAT
97,273
118,342
Obligations under finance leases and hire purchase contracts
22,144
34,983
Trade creditors
187,531
93,575
Taxes and social security
51,180
53,881
Other creditors
-
4,107
Loans from directors
820
756
362,326
324,107
8
Average number of employees
During the period the average number of employees was 52 (2024: 52).
- 7 -