2023-10-01 2024-09-30 false No description of principal activity Debitam - Tax and Accounts 1.0 12221160 bus:FullAccounts 2023-10-01 2024-09-30 12221160 bus:Micro-entities 2023-10-01 2024-09-30 12221160 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12221160 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12221160 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12221160 2023-10-01 2024-09-30 12221160 2024-09-30 12221160 bus:RegisteredOffice 2023-10-01 2024-09-30 12221160 core:WithinOneYear 2024-09-30 12221160 core:AfterOneYear 2024-09-30 12221160 2022-10-01 12221160 bus:Director1 2023-10-01 2024-09-30 12221160 bus:Director1 2024-09-30 12221160 bus:Director1 2022-10-01 2023-09-30 12221160 bus:Director2 2023-10-01 2024-09-30 12221160 bus:Director2 2024-09-30 12221160 bus:Director2 2022-10-01 2023-09-30 12221160 bus:CompanySecretary1 2023-10-01 2024-09-30 12221160 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 12221160 2022-10-01 2023-09-30 12221160 2023-09-30 12221160 core:WithinOneYear 2023-09-30 12221160 core:AfterOneYear 2023-09-30 12221160 bus:EntityAccountantsOrAuditors 2022-10-01 2023-09-30 12221160 core:ComputerEquipment 2023-10-01 2024-09-30 12221160 core:ComputerEquipment 2024-09-30 12221160 core:ComputerEquipment 2023-09-30 12221160 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-09-30 12221160 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-09-30 12221160 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 12221160 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 12221160 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 12221160 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 12221160 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-09-30 12221160 core:Non-currentFinancialInstruments 2024-09-30 12221160 core:Non-currentFinancialInstruments 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12221160
England and Wales

 

 

 


Report of the Directors and Unaudited Financial Statements

for the year ended 30 September 2024

for

IOCTL LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 1,866  2,057 
Current assets 16,751  25,093 
Creditors: amount falling due within one year (3,287) (5,501)
Net current assets 13,464  19,592 
Total assets less current liabilities 15,330  21,649 
Net assets 15,330  21,649 
 
Capital and reserves 15,330  21,649 
 
  1. For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Ali Dugan
Director

Date approved: 01 November 2024
1
Statutory Information
IOCTL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12221160, registration address 75 Bankside, Banbury, United Kingdom, OX16 9DA, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment15% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Computer Equipment   Total
  £   £
At 01 October 2023 3,036    3,036 
Additions 139    139 
Disposals  
At 30 September 2024 3,175    3,175 
Depreciation
At 01 October 2023 980    980 
Charge for year 329    329 
On disposals  
At 30 September 2024 1,309    1,309 
Net book values
Closing balance as at 30 September 2024 1,866    1,866 
Opening balance as at 01 October 2023 2,056    2,056 

3.

Average number of employees

Average number of employees during the year was 2  (2023: 2).
2