Company Registration No. SC612283 (Scotland)
Iam Arc Ltd
Unaudited accounts
for the year ended 31 October 2024
Iam Arc Ltd
Unaudited accounts
Contents
Iam Arc Ltd
Company Information
for the year ended 31 October 2024
Company Number
SC612283 (Scotland)
Iam Arc Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
1,111
1,306
Cash at bank and in hand
6,625
5,907
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)
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
Iam Arc Ltd
Notes to the Accounts
for the year ended 31 October 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 1 November 2023
515
680
1,195
Charge for the year
84
111
195
At 31 October 2024
599
791
1,390
At 31 October 2024
479
632
1,111
At 31 October 2023
563
743
1,306
Amounts falling due within one year
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).