224 IT SERVICES LTD


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Company Registration No. 10808750 (England and Wales)
224 IT SERVICES LTD Unaudited accounts for the year ended 30 June 2022
224 IT SERVICES LTD Unaudited accounts Contents
Page
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224 IT SERVICES LTD Company Information for the year ended 30 June 2022
Director
Mr Olufemi Akanni Areola
Company Number
10808750 (England and Wales)
Registered Office
3B WESTBOURNE DRIVE LONDON SE23 2UP UNITED KINGDOM
Accountants
Eclat Accountancy Ltd 71 Dartmouth Road London SE23 3HT
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224 IT SERVICES LTD Statement of financial position as at 30 June 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
77,932 
64,529 
Cash at bank and in hand
1,480 
58 
79,412 
64,587 
Creditors: amounts falling due within one year
(46,439)
(26,265)
Net current assets
32,973 
38,322 
Total assets less current liabilities
32,973 
38,322 
Creditors: amounts falling due after more than one year
(32,321)
(40,000)
Net assets/(liabilities)
652 
(1,678)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
651 
(1,679)
Shareholders' funds
652 
(1,678)
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 29 June 2023 and were signed on its behalf by
Mr Olufemi Akanni Areola Director Company Registration No. 10808750
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224 IT SERVICES LTD Notes to the Accounts for the year ended 30 June 2022
1
Statutory information
224 IT SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10808750. The registered office is 3B WESTBOURNE DRIVE, LONDON, SE23 2UP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,784 
2,784 
Other debtors
75,148 
61,745 
77,932 
64,529 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
16,351 
8,547 
Trade creditors
- 
31 
Taxes and social security
27,512 
14,884 
Accruals
2,576 
2,803 
46,439 
26,265 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
32,321 
40,000 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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