Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 SC553944 Mr Brendan Emery iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC553944 2024-01-31 SC553944 2025-01-31 SC553944 2024-02-01 2025-01-31 SC553944 frs-core:CurrentFinancialInstruments 2025-01-31 SC553944 frs-core:ComputerEquipment 2024-02-01 2025-01-31 SC553944 frs-core:MotorVehicles 2024-02-01 2025-01-31 SC553944 frs-core:ShareCapital 2025-01-31 SC553944 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC553944 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC553944 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC553944 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC553944 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC553944 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC553944 frs-bus:Director1 2024-02-01 2025-01-31 SC553944 frs-countries:Scotland 2024-02-01 2025-01-31 SC553944 2023-01-31 SC553944 2024-01-31 SC553944 2023-02-01 2024-01-31 SC553944 frs-core:CurrentFinancialInstruments 2024-01-31 SC553944 frs-core:ShareCapital 2024-01-31 SC553944 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC553944
IQ SENSE LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
First Base Accountants
Pavilion 2
Castlecraig Business Park
Stirling
FK7 7SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: SC553944
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand - 27,741
- 27,741
Creditors: Amounts Falling Due Within One Year 4 (482 ) (23,733 )
NET CURRENT ASSETS (LIABILITIES) (482 ) 4,008
TOTAL ASSETS LESS CURRENT LIABILITIES (482 ) 4,008
NET (LIABILITIES)/ASSETS (482 ) 4,008
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account (484 ) 4,006
SHAREHOLDERS' FUNDS (482) 4,008
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.
On behalf of the board
Mr Brendan Emery
Director
04/02/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
IQ SENSE LTD is a private company, limited by shares, incorporated in Scotland, registered number SC553944 . The registered office is 6 North Kersebonny Steading, Stirling, FK8 3AP.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 1)
- 1
4. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security - 138
Director's loan account 482 23,595
482 23,733
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3