Company Registration No. 06651427 (England and Wales)
IASecurity Limited
Unaudited accounts
for the year ended 31 July 2024
IASecurity Limited
Unaudited accounts
Contents
IASecurity Limited
Company Information
for the year ended 31 July 2024
Directors
Fraser Smith
Angela Smith
Company Number
06651427 (England and Wales)
Registered Office
10 Bowmont Close
Cheadle Hume
Stockport
SK8 5RX
Accountants
Richard Kenny Ltd
7 Salon Way
Huntingdon
Cambs
PE29 6UG
IASecurity Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
9,450
1,518
Creditors: amounts falling due within one year
(20,833)
(16,398)
Net current liabilities
(9,821)
(13,827)
Net liabilities
(8,646)
(13,534)
Called up share capital
2
2
Profit and loss account
(8,648)
(13,536)
Shareholders' funds
(8,646)
(13,534)
For the year ending 31 July 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 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 6 September 2024 and were signed on its behalf by
Angela Smith
Director
Company Registration No. 06651427
IASecurity Limited
Notes to the Accounts
for the year ended 31 July 2024
IASecurity Limited is a private company, limited by shares, registered in England and Wales, registration number 06651427. The registered office is 10 Bowmont Close, Cheadle Hume, Stockport, SK8 5RX.
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Fixtures & fittings
10% Straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
9,228
2,054
11,282
At 31 July 2024
10,736
2,054
12,790
At 1 August 2023
9,140
1,849
10,989
Charge for the year
421
205
626
At 31 July 2024
9,561
2,054
11,615
At 31 July 2024
1,175
-
1,175
At 31 July 2023
88
205
293
IASecurity Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
62
53
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,898
(2,603)
Loans from directors
18,251
18,438
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).