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REGISTERED NUMBER: 09694272 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

IKOS CONSULTING UK. LIMITED

IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IKOS CONSULTING UK. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: S Chelly
E Monti





SECRETARY: Reed Smith Corporate Services Limited





REGISTERED OFFICE: 138 Holborn
London
EC1N 2SW





REGISTERED NUMBER: 09694272 (England and Wales)





AUDITORS: Orcom Civvals Audit Limited
Chartered Accountants and
Statutory Auditors
50 Seymour Street
London
W1H 7JG

IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 1,126
Investments 5 10,240,368 6,440,315
10,240,368 6,441,441

CURRENT ASSETS
Debtors 6 124,870 160,054
Cash at bank 7 320,627 316,358
445,497 476,412
CREDITORS
Amounts falling due within one year 8 (3,950,286 ) (186,549 )
NET CURRENT (LIABILITIES)/ASSETS (3,504,789 ) 289,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,735,579

6,731,304

CREDITORS
Amounts falling due after more than
one year

9

(4,506,866

)

(4,733,228

)

PROVISIONS FOR LIABILITIES (214 ) (214 )
NET ASSETS 2,228,499 1,997,862

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 2,227,499 1,996,862
SHAREHOLDERS' FUNDS 2,228,499 1,997,862

IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





E Monti - Director


IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Ikos Consulting Uk. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method

Depreciation is provided on the following basis:

- Office equipment 33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 11,136
DEPRECIATION
At 1 January 2024 10,010
Charge for year 1,126
At 31 December 2024 11,136
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 1,126

IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investments 10,240,368 6,440,315

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,410 24,989
Amounts owed by group undertakings 51,952 79,613
Other Debtors 4,950 6,175
Tax Recoverable 31,729 31,729
VAT 20,739 15,396
Prepayments 5,090 2,152
124,870 160,054

7. CASH AT BANK
2024 2023
£    £   
Bank Current Account 320,627 316,358

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 103,454 143,033
Amounts owed to group undertakings 3,846,413 28,651
Other creditors 419 661
Accruals and deferred income - 14,204
3,950,286 186,549

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Intercompany Loan 4,506,866 4,733,228

IKOS CONSULTING UK. LIMITED (REGISTERED NUMBER: 09694272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary 1 1,000 1,000

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philip Jones (FCA) (Senior Statutory Auditor)
for and on behalf of Orcom Civvals Audit Limited

12. PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £3,228 (2023 - £5,190). Contributions totalling £419 (2023 - £660) were payable to the fund at the reporting date and are included in creditors.

13. COMMITMENTS UNDER OPERATING LEASES

The Company had no commitments under non-cancellable operating leases at the reporting date.

14. RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption available under FRS 102 from the disclosures relating to transactions with other group companies.

15. CONTROLLING PARTY

The company is a wholly owned subsidiary of Ikos Group SAS, a company incorporated in
the France.