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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
Page
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Industrial Analytics & Automation Ltd. Company Information for the year ended 30 June 2024
Director
Thomas Hadden
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
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Industrial Analytics & Automation Ltd. Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,747 
23,874 
Current assets
Debtors
40,441 
35,269 
Cash at bank and in hand
19,408 
13,594 
59,849 
48,863 
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)
Net assets
55,250 
29,344 
Capital and reserves
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
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Industrial Analytics & Automation Ltd. Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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.
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 
Additions
- 
1,721 
1,721 
At 30 June 2024
30,229 
4,012 
34,241 
Depreciation
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 
Net book value
At 30 June 2024
16,453 
2,294 
18,747 
At 30 June 2023
22,499 
1,375 
23,874 
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Industrial Analytics & Automation Ltd. Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,527 
35,269 
Other debtors
33,914 
- 
40,441 
35,269 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,598 
2,811 
Taxes and social security
7,991 
4,022 
Loans from directors
- 
18,956 
Accruals
818 
1,394 
11,407 
27,183 
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).
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