Company Registration No. 4366186 (England and Wales)
Required IT Limited
Unaudited accounts
for the year ended 28 February 2025
Required IT Limited
Unaudited accounts
Contents
Required IT Limited
Company Information
for the year ended 28 February 2025
Directors
Alex Schramm
Oliver Small
Company Number
4366186 (England and Wales)
Registered Office
Unit 2 Beverley Court
26 Elmtree Road
Teddington
Middx
TW11 8ST
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Required IT Limited
for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Required IT Limited for the year ended
28 February 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants
30 September 2025
Required IT Limited
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
62,512
64,359
Creditors: amounts falling due within one year
(285,544)
(129,083)
Net current assets
379,866
237,509
Total assets less current liabilities
379,977
237,674
Creditors: amounts falling due after more than one year
(256,371)
(186,450)
Provisions for liabilities
Called up share capital
400
400
Profit and loss account
123,201
50,819
Shareholders' funds
123,601
51,219
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Alex Schramm
Director
Company Registration No. 4366186
Required IT Limited
Notes to the Accounts
for the year ended 28 February 2025
Required IT Limited is a private company, limited by shares, registered in England and Wales, registration number 4366186. The registered office is Unit 2 Beverley Court, 26 Elmtree Road, Teddington, Middx, TW11 8ST.
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 remained unchanged from the previous year, and also 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:
Land & buildings
25% Straight Line Basis
Plant & machinery
25% Straight Line Basis
Fixtures & fittings
25% Straight Line Basis
4
Tangible fixed assets
Fixtures & fittings
At 28 February 2025
87,852
At 28 February 2025
87,741
Required IT Limited
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
542,373
239,775
Accrued income and prepayments
7,461
9,394
Amounts falling due after more than one year
Amounts due from group undertakings etc.
44,206
44,206
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
14,715
11,006
Taxes and social security
18,594
(5,014)
Other creditors
245,202
105,375
Loans from directors
2,660
-
7
Creditors: amounts falling due after more than one year
2025
2024
Trade creditors
216,684
136,388
Amounts owed to group undertakings and other participating interests
63,001
63,001
Other creditors
(28,600)
(28,600)
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).