Intelligent Investments limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06453653 (England and Wales)

Financial Statements for the Year Ended 31 December 2022

for

Intelligent Investments limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

S Arnold

S Sivaranjan

REGISTERED OFFICE:

BBK Partnership

Unit 90, Capital Business Centre

22 Carlton Road

South Croydon

Surrey

CR2 0BS

REGISTERED NUMBER:

06453653 (England and Wales)

ACCOUNTANTS:

BBK Partnership

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

315,000

315,000

CURRENT ASSETS

Debtors

5

898

898

Cash at bank

7,673

16,308

8,571

17,206

CREDITORS

Amounts falling due within one year

6

(258,562

)

(269,578

)

NET CURRENT LIABILITIES

(249,991

)

(252,372

)

TOTAL ASSETS LESS CURRENT LIABILITIES

65,009

62,628

PROVISIONS FOR LIABILITIES

8

(6,884

)

(6,884

)

NET ASSETS

58,125

55,744

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

29,344

29,344

Retained earnings

10

28,681

26,300

SHAREHOLDERS' FUNDS

58,125

55,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:

S Sivaranjan - Director

1.	STATUTORY INFORMATION

Intelligent Investments limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Nil rate

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 January 2022

and 31 December 2022

315,000

NET BOOK VALUE

At 31 December 2022

315,000

At 31 December 2021

315,000

Cost or valuation at 31 December 2022 is represented by:

Freehold

property

£

Valuation in 2020

36,227

Cost

278,773

315,000

If Freehold prop had not been revalued it would have been included at the following historical cost:

31.12.22

31.12.21

£

£

Cost

278,772

278,772

Value of land in freehold land and buildings

315,000

278,772

Freehold property were valued on Current market value basis on 1 January 2020 by Director of the company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

898

898

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Bank loans and overdrafts (see note 7)

200,000

200,000

Tax

558

426

Directors' current accounts

58,004

69,152

258,562

269,578

7.

LOANS

An analysis of the maturity of loans is given below:

31.12.22

31.12.21

£

£

Amounts falling due within one year or on demand:

Bank loans

200,000

200,000

8.	PROVISIONS FOR LIABILITIES

31.12.22

31.12.21

£

£

Deferred tax

6,884

6,884

Deferred

tax

£

Balance at 1 January 2022

6,884

Balance at 31 December 2022

6,884

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.12.21

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2022

26,300

29,344

55,644

Profit for the year

2,381

2,381

At 31 December 2022

28,681

29,344

58,025