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Company Registration No. 09313862 (England and Wales)
Iota London Ltd. Unaudited accounts for the year ended 31 December 2024
Iota London Ltd. Unaudited accounts Contents
Page
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Iota London Ltd. Company Information for the year ended 31 December 2024
Directors
Ed Allen Will Allen
Company Number
09313862 (England and Wales)
Registered Office
25 Ernest Road Alton GU34 1GN England
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Iota London Ltd. Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,863 
2,484 
Current assets
Inventories
30,432 
32,691 
Debtors
7,186 
7,270 
Cash at bank and in hand
1,728 
2,782 
39,346 
42,743 
Creditors: amounts falling due within one year
(27,062)
(865)
Net current assets
12,284 
41,878 
Total assets less current liabilities
14,147 
44,362 
Creditors: amounts falling due after more than one year
(48,394)
(76,160)
Net liabilities
(34,247)
(31,798)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(35,247)
(32,798)
Shareholders' funds
(34,247)
(31,798)
For the year ending 31 December 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 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 4 July 2025 and were signed on its behalf by
Ed Allen Director Company Registration No. 09313862
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Iota London Ltd. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Iota London Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09313862. The registered office is 25 Ernest Road, Alton, GU34 1GN, England.
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
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
5,045 
At 31 December 2024
5,045 
Depreciation
At 1 January 2024
2,561 
Charge for the year
621 
At 31 December 2024
3,182 
Net book value
At 31 December 2024
1,863 
At 31 December 2023
2,484 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
916 
- 
Trade debtors
- 
1,000 
Other debtors
6,270 
6,270 
7,186 
7,270 
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Iota London Ltd. Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
65 
Loans from directors
25,760 
- 
Accruals
1,302 
800 
27,062 
865 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
34,742 
34,742 
Loans from directors
13,652 
41,418 
48,394 
76,160 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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