| REGISTERED NUMBER: 10374457 (England and Wales) |
| Report of the Director and |
| Unaudited Consolidated Financial Statements |
| for the Year Ended 30 September 2024 |
| for |
| ISSORIA LIMITED |
| REGISTERED NUMBER: 10374457 (England and Wales) |
| Report of the Director and |
| Unaudited Consolidated Financial Statements |
| for the Year Ended 30 September 2024 |
| for |
| ISSORIA LIMITED |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Contents of the Consolidated Financial Statements |
| FOR THE YEAR ENDED 30 September 2024 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Report of the Accountants | 3 |
| Consolidated Income Statement | 4 |
| Consolidated Balance Sheet | 5 |
| Company Balance Sheet | 7 |
| Notes to the Consolidated Financial Statements | 9 |
| ISSORIA LIMITED |
| Company Information |
| FOR THE YEAR ENDED 30 September 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4th Floor Radius House |
| 51 Clarendon Road |
| Watford |
| Hertfordshire |
| WD17 1HP |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Report of the Director |
| FOR THE YEAR ENDED 30 September 2024 |
| The director presents his report with the financial statements of the company and the group for the year ended 30 September 2024. |
| DIRECTOR |
| POLITICAL DONATIONS AND EXPENDITURE |
| No political donations and expenditure made during the year |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| ISSORIA LIMITED |
| Report of the Accountants to the Director of |
| Issoria Limited |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages four to twelve and you consider that the company and the group are exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Total Back Office Solutions Limited |
| 4th Floor Radius House |
| 51 Clarendon Road |
| Watford |
| Hertfordshire |
| WD17 1HP |
| Date: ............................................. |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Consolidated |
| Income Statement |
| FOR THE YEAR ENDED 30 September 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| TURNOVER | 8,325,490 | 9,960,561 |
| Cost of sales | (6,372,582 | ) | (7,803,205 | ) |
| GROSS PROFIT | 1,952,908 | 2,157,356 |
| Administrative expenses | (1,307,427 | ) | (1,315,809 | ) |
| OPERATING PROFIT | 4 | 645,481 | 841,547 |
| Interest receivable and similar income | 5,237 | - |
| PROFIT BEFORE TAXATION | 650,718 | 841,547 |
| Tax on profit | (185,766 | ) | (200,078 | ) |
| PROFIT FOR THE FINANCIAL YEAR |
| Profit attributable to: |
| Owners of the parent | 464,952 | 641,469 |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Consolidated Balance Sheet |
| 30 September 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 | 5,493 | 4,248 |
| Investments | 7 | 200 | 200 |
| 5,693 | 4,448 |
| CURRENT ASSETS |
| Debtors | 8 | 2,161,420 | 2,505,750 |
| Cash at bank and in hand | 358,683 | 384,031 |
| 2,520,103 | 2,889,781 |
| CREDITORS |
| Amounts falling due within one year | 9 | (1,121,786 | ) | (1,544,822 | ) |
| NET CURRENT ASSETS | 1,398,317 | 1,344,959 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
1,404,010 |
1,349,407 |
| PROVISIONS FOR LIABILITIES | (1,373 | ) | (935 | ) |
| NET ASSETS | 1,402,637 | 1,348,472 |
| CAPITAL AND RESERVES |
| Called up share capital | 1,283 | 1,287 |
| Retained earnings | 1,401,354 | 1,347,185 |
| 1,402,637 | 1,348,472 |
| The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. |
| The members have not required the company and the group to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006. |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group. |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Consolidated Balance Sheet - continued |
| 30 September 2024 |
| The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
| The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by: |
| Mr I Thomson - Director |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Company Balance Sheet |
| 30 September 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 |
| Investments | 7 |
| CURRENT ASSETS |
| Debtors | 8 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| Company's profit for the financial year | 543,492 | 434,227 |
| 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. |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Company Balance Sheet - continued |
| 30 September 2024 |
| The financial statements were approved by the director and authorised for issue on |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Notes to the Consolidated Financial Statements |
| FOR THE YEAR ENDED 30 September 2024 |
| 1. | STATUTORY INFORMATION |
| Issoria Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements. |
| 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 |
| Computer equipment | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Pension costs and other post-retirement benefits |
| The group operates a defined contribution pension scheme. Contributions payable to the group'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 |
| 4. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2024 | 2023 |
| £ | £ |
| Depreciation - owned assets | 2,566 | 2,322 |
| 5. | INDIVIDUAL INCOME STATEMENT |
| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements. |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Notes to the Consolidated Financial Statements - continued |
| FOR THE YEAR ENDED 30 September 2024 |
| 6. | TANGIBLE FIXED ASSETS |
| Group |
| Computer |
| equipment |
| £ |
| COST |
| At 1 October 2023 | 17,509 |
| Additions | 3,811 |
| At 30 September 2024 | 21,320 |
| DEPRECIATION |
| At 1 October 2023 | 13,261 |
| Charge for year | 2,566 |
| At 30 September 2024 | 15,827 |
| NET BOOK VALUE |
| At 30 September 2024 | 5,493 |
| At 30 September 2023 | 4,248 |
| Company |
| Computer |
| equipment |
| £ |
| COST |
| At 1 October 2023 |
| Additions |
| At 30 September 2024 |
| DEPRECIATION |
| At 1 October 2023 |
| Charge for year |
| At 30 September 2024 |
| NET BOOK VALUE |
| At 30 September 2024 |
| At 30 September 2023 |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Notes to the Consolidated Financial Statements - continued |
| FOR THE YEAR ENDED 30 September 2024 |
| 7. | FIXED ASSET INVESTMENTS |
| Group |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 October 2023 |
| and 30 September 2024 | 200 |
| NET BOOK VALUE |
| At 30 September 2024 | 200 |
| At 30 September 2023 | 200 |
| Company |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 October 2023 |
| and 30 September 2024 |
| NET BOOK VALUE |
| At 30 September 2024 |
| At 30 September 2023 |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| Group | Company |
| 2024 | 2023 | 2024 | 2023 |
| £ | £ | £ | £ |
| Trade debtors | 1,619,901 | 2,269,947 |
| Other debtors | 96,081 | 193,622 |
| Directors' current accounts | 445,438 | 42,181 | 445,438 | 42,181 |
| 2,161,420 | 2,505,750 |
| ISSORIA LIMITED (REGISTERED NUMBER: 10374457) |
| Notes to the Consolidated Financial Statements - continued |
| FOR THE YEAR ENDED 30 September 2024 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| Group | Company |
| 2024 | 2023 | 2024 | 2023 |
| £ | £ | £ | £ |
| Trade creditors | 307,463 | 407,088 |
| Corporation Tax | 120,540 | 153,286 |
| PAYE/NI | 42,021 | 125,698 |
| VAT | 23,177 | 22,507 | 19,103 | 19,899 |
| Other Creditors | 628,585 | 836,243 |
| 1,121,786 | 1,544,822 |