Acorah Software Products - Accounts Production 16.0.110 true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08358751 Mr A B Farmer A B J Farmer true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08358751 2023-03-31 08358751 2024-03-31 08358751 2023-04-01 2024-03-31 08358751 frs-core:ShareCapital 2024-03-31 08358751 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08358751 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08358751 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08358751 frs-bus:SmallEntities 2023-04-01 2024-03-31 08358751 frs-bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 08358751 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08358751 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08358751 1 2023-04-01 2024-03-31 08358751 frs-bus:Director1 2023-04-01 2024-03-31 08358751 frs-countries:EnglandWales 2023-04-01 2024-03-31 08358751 2022-03-31 08358751 2023-03-31 08358751 2022-04-01 2023-03-31 08358751 frs-core:ShareCapital 2023-03-31 08358751 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08358751
Ipcress Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Paul Ng & Associates
15 Halifax Way
Welwyn Garden City
Hertfordshire
AL72QH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 08358751
2024 2023
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year 4 (2,947 ) (2,947 )
NET CURRENT ASSETS (LIABILITIES) (2,947 ) (2,947 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,947 ) (2,947 )
NET LIABILITIES (2,947 ) (2,947 )
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (2,948 ) (2,948 )
SHAREHOLDERS' FUNDS (2,947) (2,947)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
The financial statements were approved and authorised for issue by the board of directors on 13 November 2024 and were signed on its behalf by:
Mr A B Farmer
Director
13/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ipcress Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08358751 . The registered office is 72 Stevenage Road, Knebworth, Hertfordshire, SG3 6NN.
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. Financial Instruments
Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances and investments, are
initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, are initially recognised at transaction
price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future receipts discounted at a market rate of interest. Debt instruments are
subsequently carried at amortised cost, using the effective interest rate method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,947 2,947
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
6. Ultimate Controlling Party
The company's ultimate controlling party is A B J Farmer by virtue of his ownership of 100% of the issued share capital in the company.
Page 2