Acorah Software Products - Accounts Production 14.6.300 false true false 1 April 2023 31 March 2024 31 March 2024 10004240 Mr Edward Fitzpatrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10004240 2023-03-31 10004240 2024-03-31 10004240 2023-04-01 2024-03-31 10004240 frs-core:CurrentFinancialInstruments 2024-03-31 10004240 frs-core:Non-currentFinancialInstruments 2024-03-31 10004240 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 10004240 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-04-01 2024-03-31 10004240 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-03-31 10004240 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-01 2024-03-31 10004240 frs-core:ShareCapital 2024-03-31 10004240 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10004240 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10004240 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10004240 frs-bus:SmallEntities 2023-04-01 2024-03-31 10004240 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10004240 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10004240 frs-bus:Director1 2023-04-01 2024-03-31 10004240 frs-countries:EnglandWales 2023-04-01 2024-03-31
Registered number: 10004240
Iseg Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10004240
2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 2,109,000
2,109,000
Creditors: Amounts Falling Due Within One Year 5 (2,109,000 )
NET CURRENT ASSETS (LIABILITIES) (2,109,000 )
Creditors: Amounts Falling Due After More Than One Year 6 (11,000 )
NET LIABILITIES (11,000 )
CAPITAL AND RESERVES
Called up share capital 7 14,560,001
Profit and Loss Account (14,571,001 )
SHAREHOLDERS' FUNDS (11,000)
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Fitzpatrick
Director
30/08/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Iseg Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10004240 . The registered office is Verify House, Stratford Road, Solihull, West Midlands, B94 5NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 April 2023 -
Additions 2,109,000
As at 31 March 2024 2,109,000
Net Book Value
As at 31 March 2024 2,109,000
As at 1 April 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 2,109,000
6. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 11,000
7. Share Capital
2024
£
Allotted, Called up and fully paid 14,560,001
Page 2