1 November 2023 false No description of principal activity Taxfiler 2024.6 SC612283business:PrivateLimitedCompanyLtd2023-11-012024-10-31 SC6122832023-10-31 SC6122832023-11-012024-10-31 SC612283business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 SC612283business:FilletedAccounts2023-11-012024-10-31 SC6122832024-10-31 SC612283business:Director12023-11-012024-10-31 SC6122832023-10-31 SC612283core:AfterOneYear2024-10-31 SC612283core:AfterOneYear2023-10-31 SC612283core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 SC612283core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC612283core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 SC612283core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC612283core:PreviouslyStatedAmount2024-10-31 SC612283core:PreviouslyStatedAmount2023-10-31 SC612283business:SmallEntities2023-11-012024-10-31 SC612283countries:Scotland2023-11-012024-10-31 SC612283core:FurnitureFittings2023-10-31 SC612283core:ComputerEquipment2023-10-31 SC612283core:FurnitureFittings2024-10-31 SC612283core:ComputerEquipment2024-10-31 SC612283core:FurnitureFittings2023-11-012024-10-31 SC612283core:ComputerEquipment2023-11-012024-10-31 SC612283core:WithinOneYear2024-10-31 SC612283core:WithinOneYear2023-10-31 SC6122832022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC612283 (Scotland)
Iam Arc Ltd Unaudited accounts for the year ended 31 October 2024
Iam Arc Ltd Unaudited accounts Contents
Page
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Iam Arc Ltd Company Information for the year ended 31 October 2024
Director
Laura Dickson
Company Number
SC612283 (Scotland)
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Iam Arc Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,111 
1,306 
Current assets
Debtors
- 
5,527 
Cash at bank and in hand
6,625 
5,907 
6,625 
11,434 
Net current assets
6,625 
11,434 
Total assets less current liabilities
7,736 
12,740 
Creditors: amounts falling due after more than one year
- 
(7,285)
Net assets
7,736 
5,455 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,735 
5,454 
Shareholders' funds
7,736 
5,455 
For the year ending 31 October 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 23 June 2025 and were signed on its behalf by
Laura Dickson Director Company Registration No. SC612283
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Iam Arc Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Iam Arc Ltd is a private company, limited by shares, registered in Scotland, registration number SC612283.
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.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
1,078 
1,423 
2,501 
At 31 October 2024
1,078 
1,423 
2,501 
Depreciation
At 1 November 2023
515 
680 
1,195 
Charge for the year
84 
111 
195 
At 31 October 2024
599 
791 
1,390 
Net book value
At 31 October 2024
479 
632 
1,111 
At 31 October 2023
563 
743 
1,306 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,527 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
7,285 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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