Company Registration No. NI679793 (Northern Ireland)
Industrial Analytics & Automation Ltd.
Unaudited accounts
for the year ended 30 June 2024
Industrial Analytics & Automation Ltd.
Unaudited accounts
Contents
Industrial Analytics & Automation Ltd.
Company Information
for the year ended 30 June 2024
Company Number
NI679793 (Northern Ireland)
Registered Office
1 CHURCH STREET
FINTONA
OMAGH
BT78 2BR
NORTHERN IRELAND
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Industrial Analytics & Automation Ltd.
Statement of financial position
as at 30 June 2024
Tangible assets
18,747
23,874
Cash at bank and in hand
19,408
13,594
Creditors: amounts falling due within one year
(11,407)
(27,183)
Net current assets
48,442
21,680
Total assets less current liabilities
67,189
45,554
Creditors: amounts falling due after more than one year
(11,939)
(16,210)
Called up share capital
1
1
Profit and loss account
55,249
29,343
Shareholders' funds
55,250
29,344
For the year ending 30 June 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 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 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 and authorised for issue on 24 September 2024 and were signed on its behalf by
Thomas Hadden
Director
Company Registration No. NI679793
Industrial Analytics & Automation Ltd.
Notes to the Accounts
for the year ended 30 June 2024
Industrial Analytics & Automation Ltd. is a private company, limited by shares, registered in Northern Ireland, registration number NI679793. The registered office is 1 CHURCH STREET, FINTONA, OMAGH, BT78 2BR, NORTHERN IRELAND.
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.
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
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
30,229
2,291
32,520
At 30 June 2024
30,229
4,012
34,241
At 1 July 2023
7,730
916
8,646
Charge for the year
6,046
802
6,848
At 30 June 2024
13,776
1,718
15,494
At 30 June 2024
16,453
2,294
18,747
At 30 June 2023
22,499
1,375
23,874
Industrial Analytics & Automation Ltd.
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
6,527
35,269
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,991
4,022
Loans from directors
-
18,956
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,939
16,210
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).