SUSTAIN IQ LTD

Company Registration Number:
NI648285 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SUSTAIN IQ LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SUSTAIN IQ LTD

Balance sheet

As at 31 December 2024


Notes
2024
15 months to 31 December 2023


£
£
Fixed assets
Tangible assets: 3 4,945 3,693
Total fixed assets: 4,945 3,693
Current assets
Debtors: 4 287,994 192,493
Cash at bank and in hand: 225,712 130,280
Total current assets: 513,706 322,773
Creditors: amounts falling due within one year: 5 (236,516) (349,234)
Net current assets (liabilities): 277,190 (26,461)
Total assets less current liabilities: 282,135 (22,768)
Creditors: amounts falling due after more than one year: 6 (264,234)
Total net assets (liabilities): 17,901 (22,768)
Capital and reserves
Called up share capital: 3 3
Share premium account: 648,214 448,154
Profit and loss account: (630,316) (470,925)
Shareholders funds: 17,901 (22,768)

The notes form part of these financial statements

SUSTAIN IQ LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 May 2025
and signed on behalf of the board by:

Name: Maria Diffley
Status: Director

The notes form part of these financial statements

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 15 months to 31 December 2023
Average number of employees during the period 22 11

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 6,827
Additions 4,716
At 31 December 2024 11,543
Depreciation
At 01 January 2024 3,134
Charge for year 3,464
At 31 December 2024 6,598
Net book value
At 31 December 2024 4,945
At 31 December 2023 3,693

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 15 months to 31 December 2023
££
Debtors due after more than one year: 0 3,551

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

VAT £80,634 (2023: £55,652) Trade creditors £21,355 (2023: £7,119) Taxes and social security £31,177 (2023: £18,532) Loans from directors £Nil (2023: £6,652) Deferred income £103,350 (2023: £261,279) Total 2024: £236,156 (2023: £349,234)

SUSTAIN IQ LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Loans from directors £6,652 (2023: £Nil) Deferred income £257,582 (2023: £Nil)