Company Registration No. 10787974 (England and Wales)
Iris Iot Solutions Limited
Unaudited accounts
for the year ended 31 May 2024
Iris Iot Solutions Limited
Unaudited accounts
Contents
Iris Iot Solutions Limited
Company Information
for the year ended 31 May 2024
Directors
Stephen Westley
Vanessa Hill
Company Number
10787974 (England and Wales)
Accountants
Cube Accounting Limited
Suite 3B & 3C, Davy Court
Castle Mound Way
Rugby
Warwickshire
CV23 0UZ
Iris Iot Solutions Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
1,690
8,911
Creditors: amounts falling due within one year
(56,845)
(21,728)
Net current (liabilities)/assets
(393)
9,660
Total assets less current liabilities
318
10,499
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
317
10,339
Shareholders' funds
318
10,340
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by
Vanessa Hill
Director
Company Registration No. 10787974
Iris Iot Solutions Limited
Notes to the Accounts
for the year ended 31 May 2024
Iris Iot Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10787974.
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:
4
Tangible fixed assets
Computer equipment
Iris Iot Solutions Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
25,522
4,178
Accrued income and prepayments
525
-
Other debtors
28,715
18,299
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,850
3,182
Other creditors
18,072
2,000
Loans from directors
6,750
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).