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Company Registration No. 09517020 (England and Wales)
IASG ACCOUNTANTS LTD Unaudited accounts for the year ended 31 March 2024
IASG ACCOUNTANTS LTD Unaudited accounts Contents
Page
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IASG ACCOUNTANTS LTD Company Information for the year ended 31 March 2024
Director
N Sriganesh
Company Number
09517020 (England and Wales)
Registered Office
C/o NSG & CO Imperial Place 4 Maxwell Road Borehamwood Herts WD6 1JN United Kingdom
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IASG ACCOUNTANTS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
389 
Current assets
Debtors
19,519 
26,650 
Cash at bank and in hand
3,600 
27 
23,119 
26,677 
Creditors: amounts falling due within one year
(2,191)
(2,933)
Net current assets
20,928 
23,744 
Total assets less current liabilities
20,928 
24,133 
Creditors: amounts falling due after more than one year
(19,442)
(22,800)
Net assets
1,486 
1,333 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,386 
1,233 
Shareholders' funds
1,486 
1,333 
For the year ending 31 March 2024 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 10 April 2024 and were signed on its behalf by
N Sriganesh Director Company Registration No. 09517020
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IASG ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IASG ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 09517020. The registered office is C/o NSG & CO, Imperial Place, 4 Maxwell Road, Borehamwood, Herts, WD6 1JN, 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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Reduced Balance Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
760 
At 31 March 2024
760 
Depreciation
At 1 April 2023
371 
Charge for the year
389 
At 31 March 2024
760 
Net book value
At 31 March 2024
- 
At 31 March 2023
389 
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IASG ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,200 
9,150 
Other debtors
12,319 
17,500 
19,519 
26,650 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,120 
2,872 
Loans from directors
71 
61 
2,191 
2,933 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,442 
22,800 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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