In Tune International Ltd - Accounts to registrar (filleted) - small 18.2

In Tune International Ltd - Accounts to registrar (filleted) - small 18.2

IN TUNE INTERNATIONAL LTD - Company Information

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REGISTERED NUMBER: 04604186 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2020

for

In Tune International Ltd
In Tune International Ltd (Registered number: 04604186)






Contents of the Financial Statements
for the year ended 31 January 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

In Tune International Ltd

Company Information
for the year ended 31 January 2020







DIRECTOR: E G Stonestreet





REGISTERED OFFICE: Hornbeam House
Bidwell Road
Rackheath
Norwich
Norfolk
NR13 6PT





REGISTERED NUMBER: 04604186 (England and Wales)





ACCOUNTANTS: Hornbeam Accountancy Services Ltd
Chartered Accountants
Hornbeam House
Bidwell Road
Rackheath
Norwich
Norfolk
NR13 6PT
Page 1
In Tune International Ltd (Registered number: 04604186)

Balance Sheet
31 January 2020

31.1.20 31.1.19
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,350 1,800
Tangible assets 5 - -
1,350 1,800

CURRENT ASSETS
Stocks 700 700
Debtors 6 1,040 -
Cash at bank (297 ) 357
1,443 1,057
CREDITORS
Amounts falling due within one year 7 2,661 2,622
NET CURRENT LIABILITIES (1,218 ) (1,565 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
132
235

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32 135
SHAREHOLDERS' FUNDS 132 235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 March 2020 and were signed by:





E G Stonestreet - Director


The notes form part of these financial statements

Page 2
In Tune International Ltd (Registered number: 04604186)

Notes to the Financial Statements
for the year ended 31 January 2020

1. STATUTORY INFORMATION

In Tune International Ltd is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - 1 ).

Page 3 continued...
In Tune International Ltd (Registered number: 04604186)

Notes to the Financial Statements - continued
for the year ended 31 January 2020

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2019
and 31 January 2020 9,000
AMORTISATION
At 1 February 2019 7,200
Amortisation for year 450
At 31 January 2020 7,650
NET BOOK VALUE
At 31 January 2020 1,350
At 31 January 2019 1,800

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2019
and 31 January 2020 3,330
DEPRECIATION
At 1 February 2019
and 31 January 2020 3,330
NET BOOK VALUE
At 31 January 2020 -
At 31 January 2019 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Other debtors 1,040 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.20 31.1.19
£    £   
Trade creditors 1,923 2,053
Taxation and social security 738 543
Other creditors - 26
2,661 2,622

8. RELATED PARTY DISCLOSURES

The company was under the control of Mr E G Stonestreet (the sole Director) throughout the period.

At the year end, the director owed the company £1,040. (2019 the company owed the director £26).

Page 4
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
In Tune International Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not
required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of In Tune International Ltd for the year ended 31 January 2020 which comprise the Income Statement, Balance Sheet and
the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of In Tune International Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of In Tune International Ltd and state those matters that we have agreed to state to the director of In Tune International Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than In Tune International Ltd and its director for our work or for this report.

It is your duty to ensure that In Tune International Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of In Tune International Ltd. You consider that In Tune International Ltd 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 financial statements of In Tune International Ltd. 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 financial statements.






Hornbeam Accountancy Services Ltd
Chartered Accountants
Hornbeam House
Bidwell Road
Rackheath
Norwich
Norfolk
NR13 6PT


23 March 2020

This page does not form part of the statutory financial statements

Page 5