2023-09-01 03094523 2024-08-31 03094523 2023-09-01 2024-08-31 03094523 2023-08-31 03094523 2022-09-01 2023-08-31 03094523 uk-core:WithinOneYear 2023-08-31 03094523 uk-core:WithinOneYear 2024-08-31 03094523 uk-core:ShareCapital 2024-08-31 03094523 uk-core:ShareCapital 2023-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 03094523 uk-bus:Director1 2023-09-01 2024-08-31 03094523 uk-core:ComputerEquipment 2023-08-31 03094523 uk-core:OfficeEquipment 2023-08-31 03094523 uk-core:ComputerEquipment 2023-09-01 2024-08-31 03094523 uk-core:OfficeEquipment 2023-09-01 2024-08-31 03094523 uk-core:OfficeEquipment 2024-08-31 03094523 uk-core:ComputerEquipment 2024-08-31 iso4217:GBP xbrli:pure 03094523 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 03094523 uk-bus:FRS102 2023-09-01 2024-08-31 03094523 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 03094523 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Igence Radar Limited
Registered Number:03094523
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Igence Radar Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03094523
As at 31 August 2024
Igence Radar Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
8,944
6,853
2
8,944
6,853
Current assets
Inventories
245,000
181,800
3
Trade and other receivables
4,339
3,409
4
842,211
Cash and cash equivalents
1,032,745
1,217,954
1,091,550
Trade and other payables: amounts falling due within one
year
(62,288)
(106,184)
5
1,029,262
1,111,770
Net current assets
Total assets less current liabilities
1,120,714
1,036,115
1,120,714
Net assets
1,036,115
Capital and reserves
Called up share capital
50
50
Retained earnings
1,120,664
1,036,065
1,120,714
1,036,115
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr R D Hill Director
These financial statements were approved and authorised for issue by the Board on 12 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Igence Radar Limited
Notes to the Financial Statements
Statutory Information
Igence Radar Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03094523.
Registered address:
Wyche Innovation Centre
Walwyn Road, Upper Colwall
Malvern
Worcestershire
WR13 6PL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 September 2023
97,678
64,899
32,779
6,314
6,182
132
Additions
At 31 August 2024
32,911
71,081
103,992
Provision for depreciation and impairment
At 01 September 2023
90,825
59,438
31,387
Charge for year
4,223
3,842
381
At 31 August 2024
95,048
63,280
31,768
At 31 August 2024
Net book value
1,143
7,801
8,944
At 31 August 2023
1,392
5,461
6,853
3. Inventories
2023
2024
£
£
Stocks
181,800
245,000
Stock is valued at the lower of cost and net realisable value.
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5
For the year ended 31 August 2024
Igence Radar Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
1,067
-
Other debtors
2,342
4,339
4,339
3,409
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
91,744
48,309
Other creditors
14,440
13,979
106,184
62,288
6. Average number of persons employed
During the year the average number of employees was 5 (2023 : 5)
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