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Company Registration No. 10362337 (England and Wales)
IT Empathy Limited Unaudited accounts for the year ended 30 April 2025
IT Empathy Limited Unaudited accounts Contents
Page
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IT Empathy Limited Company Information for the year ended 30 April 2025
Directors
Jonathan James Bailey Francesca Alexandra Louise Bailey Francesca Alexandra Bailey Jonathan James Bailey
Company Number
10362337 (England and Wales)
Registered Office
4 Staveley Close Aylesbury Bucks HP21 9DB
Accountants
Panda Tax Accountancy Services 56 Windyridge Gardens Wymans Brook Cheltenham Glos GL50 4SY
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IT Empathy Limited Accountants' report
Accountants' report to the board of directors of IT Empathy Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of IT Empathy Limited for the year ended 30 April 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of IT Empathy Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of IT Empathy Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IT Empathy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that IT Empathy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of IT Empathy Limited. You consider that IT Empathy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of IT Empathy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Panda Tax Accountancy Services 56 Windyridge Gardens Wymans Brook Cheltenham Glos GL50 4SY 8 July 2025
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IT Empathy Limited Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
620 
1,712 
Current assets
Debtors
- 
684 
Cash at bank and in hand
51,276 
122,914 
51,276 
123,598 
Creditors: amounts falling due within one year
(1,229)
(2,129)
Net current assets
50,047 
121,469 
Net assets
50,667 
123,181 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,567 
123,081 
Shareholders' funds
50,667 
123,181 
For the year ending 30 April 2025 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 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 of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by
Jonathan James Bailey Director Company Registration No. 10362337
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IT Empathy Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
IT Empathy Limited is a private company, limited by shares, registered in England and Wales, registration number 10362337. The registered office is 4 Staveley Close, Aylesbury, Bucks, HP21 9DB.
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:
Plant & machinery
25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2024
18,128 
At 30 April 2025
18,128 
Depreciation
At 1 May 2024
16,416 
Charge for the year
1,092 
At 30 April 2025
17,508 
Net book value
At 30 April 2025
620 
At 30 April 2024
1,712 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
684 
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IT Empathy Limited Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
(13)
149 
Taxes and social security
1 
- 
Other creditors
85 
209 
Loans from directors
394 
1,276 
Accruals
762 
495 
1,229 
2,129 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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