1 April 2023 false No description of principal activity Taxfiler 2024.5 09660790business:PrivateLimitedCompanyLtd2023-04-012024-03-31 096607902023-03-31 096607902023-04-012024-03-31 09660790business:AuditExemptWithAccountantsReport2023-04-012024-03-31 09660790business:FilletedAccounts2023-04-012024-03-31 096607902024-03-31 096607902023-03-31 09660790core:WithinOneYear2024-03-31 09660790core:WithinOneYear2023-03-31 09660790core:SharePremiumcore:PreviouslyStatedAmount2024-03-31 09660790core:SharePremiumcore:PreviouslyStatedAmount2023-03-31 09660790core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09660790core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09660790core:PreviouslyStatedAmount2024-03-31 09660790core:PreviouslyStatedAmount2023-03-31 09660790business:SmallEntities2023-04-012024-03-31 09660790business:Director12023-04-012024-03-31 09660790countries:EnglandWales2023-04-012024-03-31 09660790business:RegisteredOffice2023-04-012024-03-31 09660790core:PlantMachinery2023-04-012024-03-31 09660790core:PlantMachinery2023-03-31 09660790core:PlantMachinery2024-03-31 096607902022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09660790 (England and Wales)
Irwell Solutions Limited Unaudited accounts for the year ended 31 March 2024
Irwell Solutions Limited Unaudited accounts Contents
Page
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Irwell Solutions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
15,649 
3,028 
Cash at bank and in hand
33,382 
43,424 
49,031 
46,452 
Creditors: amounts falling due within one year
(29,467)
(15,776)
Net current assets
19,564 
30,676 
Net assets
19,564 
30,676 
Capital and reserves
Share premium
101 
101 
Profit and loss account
19,463 
30,575 
Shareholders' funds
19,564 
30,676 
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 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 13 October 2024 and were signed on its behalf by
Simon Pass Director Company Registration No. 09660790
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Irwell Solutions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Irwell Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 09660790. The registered office is 20 Broad Lane, Evenley, Brackley, Northamptonshire, NN13 5SF.
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
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Irwell Solutions Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,857 
Disposals
(12,857)
At 31 March 2024
- 
Depreciation
At 1 April 2023
12,857 
On disposals
(12,857)
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,649 
2,880 
Other debtors
- 
148 
15,649 
3,028 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
186 
384 
Taxes and social security
27,604 
13,698 
Other creditors
1,677 
1,694 
29,467 
15,776 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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