Company Registration No. 04918829 (England and Wales)
IOSC LTD
Unaudited accounts
for the year ended 31 December 2022
IOSC LTD
Unaudited accounts
Contents
IOSC LTD
Company Information
for the year ended 31 December 2022
Company Number
04918829 (England and Wales)
Registered Office
Unit 36 Romsey Industrial Estate
Greatbridge Road, Romsey
Hampshire, SO51 0HR
United Kingdom
Accountants
Cadbury and Jones
Avicenna House
258-262 Romford Road
London
E7 9HZ
IOSC LTD
Statement of financial position
as at 31 December 2022
Inventories
128,069
128,069
Cash at bank and in hand
82,307
103,325
Creditors: amounts falling due within one year
(243,659)
(461,668)
Net current assets
354,210
239,190
Total assets less current liabilities
354,210
243,827
Creditors: amounts falling due after more than one year
(107,093)
-
Net assets
247,117
243,827
Called up share capital
100
100
Profit and loss account
247,017
243,727
Shareholders' funds
247,117
243,827
For the year ending 31 December 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 30 September 2023 and were signed on its behalf by
T Kerimov
Director
Company Registration No. 04918829
IOSC LTD
Notes to the Accounts
for the year ended 31 December 2022
IOSC LTD is a private company, limited by shares, registered in England and Wales, registration number 04918829. The registered office is Unit 36 Romsey Industrial Estate, Greatbridge Road, Romsey, Hampshire, SO51 0HR, 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.
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.
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:
Fixtures & fittings
15% Reducing Balance Method
Computer equipment
25% Straight Line Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
4,224
3,388
7,612
Additions
(4,224)
(3,388)
(7,612)
At 1 January 2022
907
2,068
2,975
Charge for the year
(907)
(2,068)
(2,975)
At 31 December 2021
3,317
1,320
4,637
IOSC LTD
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
294,370
376,050
Accrued income and prepayments
47,483
47,774
Other debtors
45,640
45,640
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
53,244
108,518
Taxes and social security
12,054
11,291
Other creditors
(23,715)
90,301
Loans from directors
-
(1)
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).