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Company Registration No. 14277123 (England and Wales)
IOTC-Solutions Ltd Unaudited accounts for the year ended 31 August 2024
IOTC-Solutions Ltd Unaudited accounts Contents
Page
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IOTC-Solutions Ltd Company Information for the year ended 31 August 2024
Director
Angela Herbert
Company Number
14277123 (England and Wales)
Registered Office
15a Walm Lane London NW2 5SJ England and Wales
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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IOTC-Solutions Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
222 
278 
Current assets
Debtors
396 
- 
Cash at bank and in hand
8,656 
23,110 
9,052 
23,110 
Creditors: amounts falling due within one year
(6,963)
(7,332)
Net current assets
2,089 
15,778 
Net assets
2,311 
16,056 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,310 
16,055 
Shareholders' funds
2,311 
16,056 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 24 March 2025 and were signed on its behalf by
Angela Herbert Director Company Registration No. 14277123
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IOTC-Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
IOTC-Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14277123. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
348 
At 31 August 2024
348 
Depreciation
At 1 September 2023
70 
Charge for the year
56 
At 31 August 2024
126 
Net book value
At 31 August 2024
222 
At 31 August 2023
278 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
396 
- 
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IOTC-Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,701 
Loans from directors
5,883 
2,671 
Accruals
1,080 
960 
6,963 
7,332 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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