I7_TECHNOLOGIES_LIMITED - Accounts


Company Registration Number 03872542 (England and Wales)
I7 TECHNOLOGIES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
PAGES FOR FILING WITH REGISTRAR
I7 TECHNOLOGIES LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2018
31 December 2018
- 1 -
2018
2017
£
£
£
£
Called up share capital not paid
3,001
3,001
Fixed assets
7,490
11,027
Current assets
119,487
94,048
Creditors: amounts falling due within one year
(106,162)
(83,627)
Net current assets
13,325
10,421
Total assets less current liabilities
23,816
24,449
Net assets
23,816
24,449
Capital and reserves
23,816
24,449
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the year end the company's director, Mr S Lewis, owed the company £38,797 (2017: £16,786). Mr S Farmer, who retired as a director on 31st October 2018 owed the company £33,227 at the year end (2017: £2,072). The amounts outstanding at the year end were the maximum amounts outstanding during the period. Interest is charged on both of these loans calculated at the HMRC Official Rate. On the 18th September 2019 £35,000 of these loans were repaid.

2
Average employees

The average number of persons (including directors) employed by the company during the year was 9 (2017 - 9).

i7 Technologies Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3a Hampton Heath Industrial Estate, Hampton, Malpas, Cheshire, SY148LU.

 

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 27 September 2019 and are signed on its behalf by:
S Lewis
Director
Company Registration Number 03872542
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