I.S.H. Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02663597 (England and Wales)

I.S.H. LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K B Lomas

Dr O C Lomas

SECRETARY:

Mrs K B Lomas

REGISTERED OFFICE:

145 Chelsea Road

Sheffield

S11 9BQ

REGISTERED NUMBER:

02663597 (England and Wales)

ACCOUNTANTS:

Duncan Chartered Accountants

5 Cherrytree

Union Road

Sheffield

South Yorkshire

S11 9EF

CURRENT ASSETS

Stocks

750

1,500

Debtors

4

1,114

534

Cash at bank and in hand

19,026

48,456

20,890

50,490

CREDITORS

Amounts falling due within one year

5

11,096

10,206

NET CURRENT ASSETS

9,794

40,284

TOTAL ASSETS LESS CURRENT LIABILITIES

9,794

40,284

CAPITAL AND RESERVES

Called up share capital

6

300

300

Retained earnings

9,494

39,984

SHAREHOLDERS' FUNDS

9,794

40,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 26 October 2023 and were signed on its behalf by:

Mrs K B Lomas - Director

1.	STATUTORY INFORMATION

I.S.H. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Trade debtors

465

-

Other debtors

649

534

1,114

534

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Tax

1

450

VAT

-

165

Other creditors and accruals

5,060

9,091

Directors' current accounts

6,035

500

11,096

10,206

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.23

31.1.22

value:

£

£

300

Ordinary

£1

300

300

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K B Lomas.

The ultimate controlling party is Mrs K B Lomas.