Iterate and Validate Limited - Period Ending 2020-10-31

Iterate and Validate Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	3

Iterate and Validate Limited

Company Information

Directors

Mr David Marks Mrs Clare Marks

Registered office

12 Grosvenor Park Road Walthamstow London E17 9PG

Accountants

First Class Accounting Limited 91A Church Lane Bulphan Upminster RM14 3TR

Chartered Accountants' Report to the Directors on the Preparation of the Unaudited Statutory Accounts of
Iterate and Validate Limited
for the Year Ended 31 October 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Iterate and Validate Limited for the year ended 31 October 2020 as set out on pages 3 to 4 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Iterate and Validate Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Iterate and Validate Limited and state those matters that we have agreed to state to the Board of Directors of Iterate and Validate Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Iterate and Validate Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Iterate and Validate Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Iterate and Validate Limited . You consider that Iterate and Validate Limited 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 accounts of Iterate and Validate Limited . 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 accounts.

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First Class Accounting Limited
91A Church Lane
Bulphan
Upminster
RM14 3TR

29 June 2021

Iterate and Validate Limited

(Registration number: 9840039)
Balance Sheet as at 31 October 2020

	2020 £	2019 £
Fixed assets	44,996	61,295
Current assets	61,749	50,015
Creditors: Amounts falling due within one year	(15,164)	(14,776)
Net current assets	46,585	35,239
	91,581	96,534
Capital and reserves	91,581	96,534

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 Grosvenor Park Road
Walthamstow
London
E17 9PG

These financial statements were authorised for issue by the Board on 29 June 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2019 - 1).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

Iterate and Validate Limited

(Registration number: 9840039)
Balance Sheet as at 31 October 2020

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 29 June 2021 and signed on its behalf by:
 

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Mr David Marks
Director