84I Limited

84I Limited

84I LIMITED - Company Information

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Company Registration No. 09099497 (England and Wales)
84I Limited Unaudited accounts for the year ended 30 May 2023
84I Limited Unaudited accounts Contents
Page
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84I Limited Company Information for the year ended 30 May 2023
Directors
Jonathan Paton Steve Neil
Company Number
09099497 (England and Wales)
Registered Office
4-5 Craven Court Craven Road Broadheath Altrincham WA14 5DY England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY
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84I Limited Accountants' report
Accountants' report to the board of directors of 84I Limited on the preparation of the unaudited statutory accounts for the year ended 30 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 84I Limited for the year ended 30 May 2023 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 84I Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 84I Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 84I Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 84I 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 loss of 84I Limited. You consider that 84I 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 84I 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.
Accounts and Legal Consultants Ltd Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY 30 May 2024
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84I Limited Statement of financial position as at 30 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
37,363 
46,543 
Current assets
Debtors
5
1,359 
7,046 
Cash at bank and in hand
9,282 
16,553 
10,641 
23,599 
Creditors: amounts falling due within one year
6
(49,015)
(33,290)
Net current liabilities
(38,374)
(9,691)
Total assets less current liabilities
(1,011)
36,852 
Creditors: amounts falling due after more than one year
7
(41,533)
(64,705)
Net liabilities
(42,544)
(27,853)
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
(42,694)
(28,003)
Shareholders' funds
(42,544)
(27,853)
For the year ending 30 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by
Jonathan Paton Director Company Registration No. 09099497
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84I Limited Notes to the Accounts for the year ended 30 May 2023
1
Statutory information
84I Limited is a private company, limited by shares, registered in England and Wales, registration number 09099497. The registered office is 4-5 Craven Court, Craven Road, Broadheath, Altrincham, WA14 5DY, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight Line
Going concern
The director considers that it is appropriate to prepare the financial statements on a going concern basis and have confirmed they will provide financial support to the company until such time as its position improves.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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84I Limited Notes to the Accounts for the year ended 30 May 2023
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 May 2022
49,319 
2,922 
52,241 
At 30 May 2023
49,319 
2,922 
52,241 
Depreciation
At 31 May 2022
3,766 
1,932 
5,698 
Charge for the year
8,450 
730 
9,180 
At 30 May 2023
12,216 
2,662 
14,878 
Net book value
At 30 May 2023
37,103 
260 
37,363 
At 30 May 2022
45,553 
990 
46,543 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,386 
6,401 
Other debtors
(27)
645 
1,359 
7,046 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,090 
6,090 
VAT
9,857 
1,815 
Obligations under finance leases and hire purchase contracts
9,832 
- 
Trade creditors
8,990 
7,090 
Taxes and social security
730 
670 
Other creditors
222 
4,979 
Loans from directors
13,294 
10,646 
Accruals
- 
2,000 
49,015 
33,290 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,862 
20,369 
Obligations under finance leases and hire purchase contracts
24,671 
44,336 
41,533 
64,705 
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84I Limited Notes to the Accounts for the year ended 30 May 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Overdrawn directors loan
- 
3,453 
- 
3,453 
- 
3,453 
- 
3,453 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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