Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07301412 Mr Robert Lewis Mr Matthew Jones Mr Anthony Ruck Mr Alan Werrett Mr Robert Lewis Iesis Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07301412 2023-07-31 07301412 2024-07-31 07301412 2023-08-01 2024-07-31 07301412 frs-core:CurrentFinancialInstruments 2024-07-31 07301412 frs-core:BetweenOneFiveYears 2024-07-31 07301412 frs-core:ComputerEquipment 2024-07-31 07301412 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07301412 frs-core:ComputerEquipment 2023-07-31 07301412 frs-core:FurnitureFittings 2024-07-31 07301412 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07301412 frs-core:FurnitureFittings 2023-07-31 07301412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 07301412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 07301412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 07301412 frs-core:WithinOneYear 2024-07-31 07301412 frs-core:SharePremium 2024-07-31 07301412 frs-core:ShareCapital 2024-07-31 07301412 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07301412 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07301412 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07301412 frs-bus:SmallEntities 2023-08-01 2024-07-31 07301412 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07301412 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07301412 1 2023-08-01 2024-07-31 07301412 frs-core:CostValuation 2023-07-31 07301412 frs-core:CostValuation 2024-07-31 07301412 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 07301412 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 07301412 frs-bus:Director1 2023-08-01 2024-07-31 07301412 frs-bus:Director2 2023-08-01 2024-07-31 07301412 frs-bus:Director3 2023-08-01 2024-07-31 07301412 frs-bus:Director4 2023-08-01 2024-07-31 07301412 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07301412 frs-countries:EnglandWales 2023-08-01 2024-07-31 07301412 2022-07-31 07301412 2023-07-31 07301412 2022-08-01 2023-07-31 07301412 frs-core:CurrentFinancialInstruments 2023-07-31 07301412 frs-core:BetweenOneFiveYears 2023-07-31 07301412 frs-core:WithinOneYear 2023-07-31 07301412 frs-core:SharePremium 2023-07-31 07301412 frs-core:ShareCapital 2023-07-31 07301412 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Iesis Special Structures Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07301412
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,212 14,862
Investments 5 150,825 150,825
159,037 165,687
CURRENT ASSETS
Debtors 6 671,500 749,199
Cash at bank and in hand 261,196 262,138
932,696 1,011,337
Creditors: Amounts Falling Due Within One Year 7 (337,569 ) (434,135 )
NET CURRENT ASSETS (LIABILITIES) 595,127 577,202
TOTAL ASSETS LESS CURRENT LIABILITIES 754,164 742,889
PROVISIONS FOR LIABILITIES
Deferred Taxation (551 ) (1,240 )
NET ASSETS 753,613 741,649
CAPITAL AND RESERVES
Called up share capital 8 139 139
Share premium account 6,486 6,486
Profit and Loss Account 746,988 735,024
SHAREHOLDERS' FUNDS 753,613 741,649
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For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Lewis
Director
3 July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Iesis Special Structures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07301412 . The registered office is 20 Ironmonger Lane, London, EC2V 8EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold over the remaoning term of the lease
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2023: 21)
22 21
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 13,822 30,137 61,717 105,676
Additions - 3,271 - 3,271
Disposals - (3,814 ) - (3,814 )
As at 31 July 2024 13,822 29,594 61,717 105,133
Depreciation
As at 1 August 2023 8,853 22,049 59,912 90,814
Provided during the period 2,764 3,709 1,330 7,803
Disposals - (1,696 ) - (1,696 )
As at 31 July 2024 11,617 24,062 61,242 96,921
Net Book Value
As at 31 July 2024 2,205 5,532 475 8,212
As at 1 August 2023 4,969 8,088 1,805 14,862
5. Investments
Subsidiaries
£
Cost
As at 1 August 2023 150,825
As at 31 July 2024 150,825
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 150,825
As at 1 August 2023 150,825
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 405,901 314,234
Prepayments and accrued income 73,596 54,246
Other debtors 65,681 214,790
Corporation tax recoverable assets 126,322 165,929
671,500 749,199
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 150,976 142,367
Amounts owed to group undertakings 38,958 110,532
Other creditors 57,916 90,073
Taxation and social security 89,719 91,163
337,569 434,135
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 139 139
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 81,118 94,050
Later than one year and not later than five years 345,634 74,982
426,752 169,032
10. Ultimate Controlling Party
The company's parent undertaking is Iesis Limited , whose registered office is at 92 Redcliff Street, Bristol, BS1 6LU.
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