Innovative Technologies & Tribology Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 07022917 (England and Wales)

Financial Statements

for the Year Ended 28 February 2022

for

Innovative Technologies & Tribology Ltd

Page

Balance Sheet

1

FIXED ASSETS

8,425

6,607

CURRENT ASSETS

69,648

59,772

CREDITORS

Amounts falling due within one year

(4,401

)

(6,276

)

NET CURRENT ASSETS

65,247

53,496

TOTAL ASSETS LESS CURRENT LIABILITIES

73,672

60,103

ACCRUALS AND DEFERRED INCOME

933

893

NET ASSETS

72,739

59,210

CAPITAL AND RESERVES

72,739

59,210

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Innovative Technologies & Tribology Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07022917

Registered office:

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2021 - 2 ) .

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions 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 14 November 2022 and were signed on its behalf by:

C W Sutton - Director