Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 16 November 2022 false 1 December 2023 30 June 2024 30 June 2024 SC750588 Mr Muhammad Subhan Ali iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC750588 2023-11-30 SC750588 2024-06-30 SC750588 2023-12-01 2024-06-30 SC750588 frs-core:CurrentFinancialInstruments 2024-06-30 SC750588 frs-core:ShareCapital 2024-06-30 SC750588 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC750588 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-06-30 SC750588 frs-bus:FilletedAccounts 2023-12-01 2024-06-30 SC750588 frs-bus:SmallEntities 2023-12-01 2024-06-30 SC750588 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-06-30 SC750588 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-06-30 SC750588 frs-bus:Director1 2023-12-01 2024-06-30 SC750588 frs-countries:Scotland 2023-12-01 2024-06-30 SC750588 2022-11-15 SC750588 2023-11-30 SC750588 2022-11-16 2023-11-30 SC750588 frs-core:CurrentFinancialInstruments 2023-11-30 SC750588 frs-core:ShareCapital 2023-11-30 SC750588 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC750588
IYI CONSULTANTS LIMITED
Unaudited Financial Statements
For the Period 1 December 2023 to 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC750588
30 June 2024 30 November 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 37,352 6,250
Cash at bank and in hand 16,218 22,170
53,570 28,420
Creditors: Amounts Falling Due Within One Year 5 (38,957 ) (18,118 )
NET CURRENT ASSETS (LIABILITIES) 14,613 10,302
TOTAL ASSETS LESS CURRENT LIABILITIES 14,613 10,302
NET ASSETS 14,613 10,302
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 14,513 10,202
SHAREHOLDERS' FUNDS 14,613 10,302
For the period ending 30 June 2024 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 Muhammad Subhan Ali
Director
06/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
IYI CONSULTANTS LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC750588 . The registered office is 27 Camp Road, Baillieston, Glasgow, G69 6QR.
The presentation currency of the financial statements is Sterling (£).
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. Turnover
Turnover represents net invoiced sales fo services,  excluding value added tax. The company's policy is to recognise a sale when substantively all the risks and rewards in connection with the services have been passed to the buyer.
2.3. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non‑discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
With the exception of changes arising on the initial recognition of a business combination, the tax expense is presented either in profit or loss, other comprehensive income or statement of changes in equity depending on the transaction that resulted in the tax expense.
Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: 2)
2 2
4. Debtors
30 June 2024 30 November 2023
£ £
Due within one year
Other debtors 20,320 -
Due after more than one year
Other debtors 17,032 6,250
37,352 6,250
5. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 November 2023
£ £
Trade creditors 1 -
Other creditors 5,900 495
Taxation and social security 33,056 17,623
38,957 18,118
Page 2
Page 3
6. Share Capital
30 June 2024 30 November 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3