Company Registration No. 08276108 (England and Wales)
IT Solutions Sales Ltd
Unaudited accounts
for the year ended 31 October 2019
IT Solutions Sales Ltd
Unaudited accounts
Contents
IT Solutions Sales Ltd
Company Information
for the year ended 31 October 2019
Company Number
08276108 (England and Wales)
Registered Office
2nd Floor
13 John Prince's Street
London
W1G 0JR
IT Solutions Sales Ltd
Statement of financial position
as at 31 October 2019
Debtors
2,050,282
2,787,329
Cash at bank and in hand
1,095
1
Creditors: amounts falling due within one year
(2,036,834)
(2,771,158)
Net current assets
14,543
16,172
Called up share capital
1
1
Profit and loss account
14,542
16,171
Shareholders' funds
14,543
16,172
For the year ending 31 October 2019 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 30 October 2020 and were signed on its behalf by
Aleksej Strukov
Director
Company Registration No. 08276108
IT Solutions Sales Ltd
Notes to the Accounts
for the year ended 31 October 2019
IT Solutions Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 08276108. The registered office is 2nd Floor, 13 John Prince's Street, London, W1G 0JR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Trade debtors
1,650,031
2,407,467
Other debtors
400,251
379,862
5
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
95
95
Trade creditors
1,857,889
2,603,662
Taxes and social security
5,243
2,367
Proposed dividends
-
5,500
Other creditors
167,957
159,534
Loans from directors
5,650
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
