IRIS Accounts Production v24.1.9.2 09660114 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096601142022-09-30096601142023-09-30096601142022-10-012023-09-30096601142021-09-30096601142021-10-012022-09-30096601142022-09-3009660114ns15:EnglandWales2022-10-012023-09-3009660114ns14:PoundSterling2022-10-012023-09-3009660114ns10:Director12022-10-012023-09-3009660114ns10:Director22022-10-012023-09-3009660114ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3009660114ns10:SmallEntities2022-10-012023-09-3009660114ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3009660114ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3009660114ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3009660114ns10:FullAccounts2022-10-012023-09-3009660114ns10:RegisteredOffice2022-10-012023-09-3009660114ns5:CurrentFinancialInstruments2023-09-3009660114ns5:CurrentFinancialInstruments2022-09-3009660114ns5:Non-currentFinancialInstruments2023-09-3009660114ns5:Non-currentFinancialInstruments2022-09-3009660114ns5:ShareCapital2023-09-3009660114ns5:ShareCapital2022-09-3009660114ns5:RetainedEarningsAccumulatedLosses2023-09-3009660114ns5:RetainedEarningsAccumulatedLosses2022-09-3009660114ns5:PlantMachinery2022-10-012023-09-3009660114ns5:FurnitureFittings2022-10-012023-09-3009660114ns5:ShortLeaseholdAssetsns5:LandBuildings2022-09-3009660114ns5:PlantMachinery2022-09-3009660114ns5:FurnitureFittings2022-09-3009660114ns5:ShortLeaseholdAssetsns5:LandBuildings2022-10-012023-09-3009660114ns5:ShortLeaseholdAssetsns5:LandBuildings2023-09-3009660114ns5:PlantMachinery2023-09-3009660114ns5:FurnitureFittings2023-09-3009660114ns5:ShortLeaseholdAssetsns5:LandBuildings2022-09-3009660114ns5:PlantMachinery2022-09-3009660114ns5:FurnitureFittings2022-09-3009660114ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3009660114ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3009660114ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3009660114ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-09-30
REGISTERED NUMBER: 09660114 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

ISOMI PROJECTS LTD

ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ISOMI PROJECTS LTD

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTORS: S N Welsh
M G Davies





REGISTERED OFFICE: Unit 6
Seymour Court
Manor Park
Runcorn
Cheshire
WA7 1SY





REGISTERED NUMBER: 09660114 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

BALANCE SHEET
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 407,197 350,953

CURRENT ASSETS
Stocks 5 499,688 430,586
Debtors 6 732,987 787,562
Cash at bank 14,636 18,786
1,247,311 1,236,934
CREDITORS
Amounts falling due within one year 7 1,117,278 983,585
NET CURRENT ASSETS 130,033 253,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

537,230

604,302

CREDITORS
Amounts falling due after more than one
year

8

(312,873

)

(440,119

)

PROVISIONS FOR LIABILITIES (80,484 ) (66,681 )
NET ASSETS 143,873 97,502

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 143,773 97,402
SHAREHOLDERS' FUNDS 143,873 97,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

BALANCE SHEET - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:




S N Welsh - Director



M G Davies - Director


ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

Isomi Projects Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 October 2022 3,537 552,873 117,863 674,273
Additions - 143,309 4,369 147,678
At 30 September 2023 3,537 696,182 122,232 821,951
DEPRECIATION
At 1 October 2022 - 263,421 59,899 323,320
Charge for year - 76,159 15,275 91,434
At 30 September 2023 - 339,580 75,174 414,754
NET BOOK VALUE
At 30 September 2023 3,537 356,602 47,058 407,197
At 30 September 2022 3,537 289,452 57,964 350,953

5. STOCKS
30.9.23 30.9.22
£    £   
Stocks 499,688 430,586

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade and other debtors 666,653 734,176
Prepayments 66,334 53,386
732,987 787,562

ISOMI PROJECTS LTD (REGISTERED NUMBER: 09660114)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 472,980 334,072
Amounts owed to associates 445,356 524,200
Tax 40,563 15,858
Social security and other taxes 47,685 64,417
Pensions payable 4,162 2,521
VAT 61,180 41,300
Directors' current accounts 879 476
Other creditors and accrued
expenses 44,473 741
1,117,278 983,585

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Other loans - 2-5 years 136,157 247,488
Hire purchase contracts 176,716 192,631
312,873 440,119