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REGISTERED NUMBER: 13990726 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

IE Network Ltd
Trading as
Immersive Experience Network

IE Network Ltd (Registered number: 13990726)
Trading as Immersive Experience Network

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


IE Network Ltd
Trading as Immersive Experience Network

Company Information
for the Year Ended 31 March 2025







DIRECTOR: A J Searle-Barnes





REGISTERED OFFICE: 14 Hemdean Road
Caversham
Reading
RG4 7SX





REGISTERED NUMBER: 13990726 (England and Wales)





ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS

IE Network Ltd (Registered number: 13990726)
Trading as Immersive Experience Network

Statement of Financial Position
31 March 2025

31/3/25 31/3/24
Notes £    £   
CURRENT ASSETS
Debtors 4 3,321 1,681
Cash at bank and in hand 3,675 6,245
6,996 7,926
CREDITORS
Amounts falling due within one year 5 16,853 6,284
NET CURRENT (LIABILITIES)/ASSETS (9,857 ) 1,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,857

)

1,642

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (9,957 ) 1,542
SHAREHOLDERS' FUNDS (9,857 ) 1,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 director and authorised for issue on 5 June 2025 and were signed by:





A J Searle-Barnes - Director


IE Network Ltd (Registered number: 13990726)
Trading as Immersive Experience Network

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

IE Network Ltd 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.

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 statement of financial position date.

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.

Going concern
Despite net liabilities of £9,857 at 31 March 2025, the financial statements have been prepared on a going concern basis. The director has reviewed the future cash flows of the business and have expressed their willingness to financially support the company for the foreseeable future, therefore deeming the going concern basis of preparation to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 1,680 480
Other debtors 1,641 1,201
3,321 1,681

IE Network Ltd (Registered number: 13990726)
Trading as Immersive Experience Network

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors - 4,054
Taxation and social security - 70
Other creditors 16,853 2,160
16,853 6,284

6. RELATED PARTY DISCLOSURES

Creative Ops Ltd
A company controlled by A J Searles-Barnes.

During the year, the company purchased goods and services amounting to £21,155 to IE Network Ltd. At the year end, IE Network Ltd owed Creative Ops Ltd £nil.

IEN Events Ltd
A subsidiary company controlled by IE Network Ltd.

During the year, the company incurred costs of £50 in respect of the above company. At the year end, IE Network Ltd was owed £50 from IEN Events Ltd.