INTELLICONNECT (EUROPE) LIMITED

INTELLICONNECT (EUROPE) LIMITED

INTELLICONNECT (EUROPE) LIMITED - Company Information

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INTELLICONNECT (EUROPE) LIMITED

Company Registration Number:
05532738 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

INTELLICONNECT (EUROPE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

INTELLICONNECT (EUROPE) LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 15,141 32,451
Investments: 4 20,000 20,000
Total fixed assets: 35,141 52,451
Current assets
Stocks: 414,629 358,763
Debtors:   881,379 224,586
Cash at bank and in hand: 471,561 410,014
Total current assets: 1,767,569 993,363
Creditors: amounts falling due within one year:   (648,874) (437,543)
Net current assets (liabilities): 1,118,695 555,820
Total assets less current liabilities: 1,153,836 608,271
Total net assets (liabilities): 1,153,836 608,271
Capital and reserves
Called up share capital: 100 95
Profit and loss account: 1,153,736 608,176
Shareholders funds: 1,153,836 608,271

The notes form part of these financial statements

INTELLICONNECT (EUROPE) LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 September 2022
and signed on behalf of the board by:

Name: Roy Phillips
Status: Director

The notes form part of these financial statements

INTELLICONNECT (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INTELLICONNECT (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 23 20

INTELLICONNECT (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 165,901
Additions 22,781
At 31 December 2021 188,682
Depreciation
At 01 January 2021 133,450
Charge for year 40,091
At 31 December 2021 173,541
Net book value
At 31 December 2021 15,141
At 31 December 2020 32,451

INTELLICONNECT (EUROPE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Fixed investments

On 1 August 2012 the Company acquired an interest in Intelliconnect USA LLC, incorporated in Tennessee, USA.