22 September 2023 false No description of principal activity Taxfiler 2024.6 SC783480business:PrivateLimitedCompanyLtd2023-09-222024-09-30 SC7834802023-09-21 SC7834802023-09-222024-09-30 SC783480business:AuditExemptWithAccountantsReport2023-09-222024-09-30 SC783480business:FilletedAccounts2023-09-222024-09-30 SC7834802024-09-30 SC783480business:Director12023-09-222024-09-30 SC783480business:Director22023-09-222024-09-30 SC783480business:RegisteredOffice2023-09-222024-09-30 SC783480core:WithinOneYear2024-09-30 SC783480core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC783480core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC783480core:PreviouslyStatedAmount2024-09-30 SC783480business:SmallEntities2023-09-222024-09-30 SC783480countries:Scotland2023-09-222024-09-30 SC783480core:LandBuildings2023-09-21 SC783480core:LandBuildings2023-09-222024-09-30 SC783480core:LandBuildings2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC783480 (Scotland)
IPC Systems Ltd Unaudited accounts for the period from 22 September 2023 to 30 September 2024
IPC Systems Ltd Company Information for the period from 22 September 2023 to 30 September 2024
Directors
Helen Brooks Russell Brooks
Company Number
SC783480 (Scotland)
Registered Office
42 Tyndrum Crescent Hamilton ML3 8QR Scotland
Accountants
CRK Consultants Ltd 14 Abbotsford Terrace Lanark ML11 7EG
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IPC Systems Ltd Statement of financial position as at 30 September 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
121,915 
Current assets
Cash at bank and in hand
4,854 
Creditors: amounts falling due within one year
(125,599)
Net current liabilities
(120,745)
Net assets
1,170 
Capital and reserves
Called up share capital
2 
Profit and loss account
1,168 
Shareholders' funds
1,170 
For the period ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by
Russell Brooks Director Company Registration No. SC783480
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IPC Systems Ltd Notes to the Accounts for the period from 22 September 2023 to 30 September 2024
1
Statutory information
IPC Systems Ltd is a private company, limited by shares, registered in Scotland, registration number SC783480. The registered office is 42 Tyndrum Crescent, Hamilton, ML3 8QR, Scotland.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has not been charged in respect of heritable property since the director considers that the value of the property is increasing.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 22 September 2023
- 
Additions
121,915 
At 30 September 2024
121,915 
Depreciation
At 30 September 2024
- 
Net book value
At 30 September 2024
121,915 
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IPC Systems Ltd Notes to the Accounts for the period from 22 September 2023 to 30 September 2024
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
163 
Trade creditors
2,856 
Taxes and social security
274 
Loans from directors
121,806 
Accruals
500 
125,599 
6
Average number of employees
During the period the average number of employees was 2.
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