Company Registration No. 10618192 (England and Wales)
IO4 UK LIMITED
Unaudited accounts
for the year ended 28 February 2022
IO4 UK LIMITED
Unaudited accounts
Contents
IO4 UK LIMITED
Company Information
for the year ended 28 February 2022
Directors
Stephen Edwards
Marc Hull
Company Number
10618192 (England and Wales)
Registered Office
113 WILMSLOW ROAD
HANDFORTH
WILMSLOW
SK9 3ER
UNITED KINGDOM
Accountants
J F Balshaw & Co
20 Old Kiln Lane
Heaton
Bolton
Lancashire
BL1 5PD
IO4 UK LIMITED
Statement of financial position
as at 28 February 2022
Cash at bank and in hand
45
1,995
Creditors: amounts falling due within one year
(2,545)
(2,486)
Net current liabilities
(1,968)
(491)
Net liabilities
(1,880)
(359)
Called up share capital
1
1
Profit and loss account
(1,881)
(360)
Shareholders' funds
(1,880)
(359)
For the year ending 28 February 2022 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 9 November 2022 and were signed on its behalf by
Marc Hull
Director
Company Registration No. 10618192
IO4 UK LIMITED
Notes to the Accounts
for the year ended 28 February 2022
IO4 UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10618192. The registered office is 113 WILMSLOW ROAD, HANDFORTH, WILMSLOW, SK9 3ER, UNITED KINGDOM.
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:
Computer equipment
33.3% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment
IO4 UK LIMITED
Notes to the Accounts
for the year ended 28 February 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
1,506
1,758
Taxes and social security
-
278
Loans from directors
584
-
7
Transactions with related parties
The company owes a balance of £584 (2021 nil) to the director, Mr M Hull.
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
