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Company Registration No. 14366788 (England and Wales)
IPSON LTD Unaudited accounts for the year ended 30 September 2024
IPSON LTD Unaudited accounts Contents
Page
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IPSON LTD Company Information for the year ended 30 September 2024
Director
Raju Chhetry
Company Number
14366788 (England and Wales)
Registered Office
35 Howe Street, Carlisle CA1 2HT United Kingdom
Accountants
KBN Accountants Limited 12a, Castle Street Reading Berkshire RG1 7RD
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IPSON LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,258 
11,374 
Current assets
Inventories
2,500 
2,100 
Cash at bank and in hand
6,339 
7,546 
8,839 
9,646 
Creditors: amounts falling due within one year
(33,214)
(26,383)
Net current liabilities
(24,375)
(16,737)
Net liabilities
(15,117)
(5,363)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(15,217)
(5,463)
Shareholders' funds
(15,117)
(5,363)
For the year 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 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 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 June 2025 and were signed on its behalf by
Raju Chhetry Director Company Registration No. 14366788
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IPSON LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
IPSON LTD is a private company, limited by shares, registered in England and Wales, registration number 14366788. The registered office is 35 Howe Street, Carlisle, CA1 2HT, United Kingdom.
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:
Fixtures & fittings
20% Reducing Balance Basis
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2023
14,217 
Additions
198 
At 30 September 2024
14,415 
Depreciation
At 1 October 2023
2,843 
Charge for the year
2,314 
At 30 September 2024
5,157 
Net book value
At 30 September 2024
9,258 
At 30 September 2023
11,374 
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IPSON LTD Notes to the Accounts for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,132 
8,703 
Trade creditors
820 
101 
Taxes and social security
1,555 
1,607 
Other creditors
200 
110 
Loans from directors
17,517 
9,915 
Accruals
6,990 
5,947 
33,214 
26,383 
6
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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