I7_TECHNOLOGIES_LIMITED - Accounts


Company Registration Number 03872542 (England and Wales)
I7 TECHNOLOGIES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
PAGES FOR FILING WITH REGISTRAR
I7 TECHNOLOGIES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2019
31 December 2019
- 1 -
2019
2018
£
£
£
£
Called up share capital not paid
3,001
3,001
Fixed assets
11,798
7,490
Current assets
135,159
119,487
Creditors: amounts falling due within one year
(118,670)
(106,162)
Net current assets
16,489
13,325
Total assets less current liabilities
31,288
23,816
Creditors: amounts falling due after more than one year
(7,453)
-
Net assets
23,835
23,816
Capital and reserves
23,835
23,816
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

At the year end the company's director, Mr S Lewis owed the company £46,551 (2018: £38,797). Mr S Farmer, who retired as a director on the 31st October 2018 owed the company £33,147 at the year end (2018: £33,227). 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.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2019
2018
Number
Number
Employees
9
9

i7 Technologies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 1C Wilkinson Business Park, Clywedog Road South, Wrexham Industrial Estate, Wrexham, LL13 9AE.

For the year ended 31 December 2019 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.

I7 TECHNOLOGIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2019
31 December 2019
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 23 December 2020
S Lewis
Director
Company Registration Number 03872542
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