IRIS Accounts Production v24.3.0.553 SC416533 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4165332023-02-28SC4165332024-02-29SC4165332023-03-012024-02-29SC4165332022-02-28SC4165332022-03-012023-02-28SC4165332023-02-28SC416533ns15:Scotland2023-03-012024-02-29SC416533ns14:PoundSterling2023-03-012024-02-29SC416533ns10:Director12023-03-012024-02-29SC416533ns10:PrivateLimitedCompanyLtd2023-03-012024-02-29SC416533ns10:SmallEntities2023-03-012024-02-29SC416533ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-29SC416533ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-29SC416533ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-29SC416533ns10:FullAccounts2023-03-012024-02-29SC416533ns10:OrdinaryShareClass12023-03-012024-02-29SC416533ns10:RegisteredOffice2023-03-012024-02-29SC416533ns5:CurrentFinancialInstruments2024-02-29SC416533ns5:CurrentFinancialInstruments2023-02-28SC416533ns5:Non-currentFinancialInstruments2024-02-29SC416533ns5:Non-currentFinancialInstruments2023-02-28SC416533ns5:ShareCapital2024-02-29SC416533ns5:ShareCapital2023-02-28SC416533ns5:RetainedEarningsAccumulatedLosses2024-02-29SC416533ns5:RetainedEarningsAccumulatedLosses2023-02-28SC416533ns5:ComputerEquipment2023-03-012024-02-29SC416533ns5:ComputerEquipment2023-02-28SC416533ns5:ComputerEquipment2024-02-29SC416533ns5:ComputerEquipment2023-02-28SC416533ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29SC416533ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28SC416533ns5:AcceleratedTaxDepreciationDeferredTax2024-02-29SC416533ns5:AcceleratedTaxDepreciationDeferredTax2023-02-28SC416533ns5:DeferredTaxation2023-03-012024-02-29SC416533ns5:DeferredTaxation2024-02-29SC416533ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: SC416533 (Scotland)















ISO CONSULTANTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ISO CONSULTANTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mrs C Gahagan





REGISTERED OFFICE: Flat 1
9 Huntly Gardens
Glasgow
G12 9AS





REGISTERED NUMBER: SC416533 (Scotland)

ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 446 6

CURRENT ASSETS
Stocks - 12,800
Debtors 5 14,972 5,172
Cash at bank 433 1,313
15,405 19,285
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

14,189

16,631
NET CURRENT ASSETS 1,216 2,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,662

2,660

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

(1,407

)

(2,614

)

PROVISIONS FOR LIABILITIES 8 (84 ) -
NET ASSETS 171 46

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 170 45
SHAREHOLDERS' FUNDS 171 46

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2024 and were signed by:





Mrs C Gahagan - Director


ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

ISO Consultants Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover
Turnover represents net invoiced sales of goods and services, net of value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Employee benefit
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 1,794
Additions 586
At 29 February 2024 2,380
DEPRECIATION
At 1 March 2023 1,788
Charge for year 146
At 29 February 2024 1,934
NET BOOK VALUE
At 29 February 2024 446
At 28 February 2023 6

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,743 3,350
Other debtors 229 1,822
14,972 5,172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,200 1,200
Taxation and social security 9,539 13,230
Other creditors 3,450 2,201
14,189 16,631

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,407 2,614

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 84 -

ISO CONSULTANTS LTD (REGISTERED NUMBER: SC416533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 84
Balance at 29 February 2024 84

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C Gahagan.