1 January 2024 false No description of principal activity Taxfiler 2024.6 10272221business:PrivateLimitedCompanyLtd2024-01-012024-12-31 102722212023-12-31 102722212024-01-012024-12-31 10272221business:AuditExemptWithAccountantsReport2024-01-012024-12-31 10272221business:FilletedAccounts2024-01-012024-12-31 102722212024-12-31 10272221business:Director12024-01-012024-12-31 10272221business:Director22024-01-012024-12-31 10272221business:RegisteredOffice2024-01-012024-12-31 102722212023-12-31 10272221core:WithinOneYear2024-12-31 10272221core:WithinOneYear2023-12-31 10272221core:AfterOneYear2024-12-31 10272221core:AfterOneYear2023-12-31 10272221core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10272221core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10272221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10272221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10272221core:PreviouslyStatedAmount2024-12-31 10272221core:PreviouslyStatedAmount2023-12-31 10272221business:SmallEntities2024-01-012024-12-31 10272221countries:EnglandWales2024-01-012024-12-31 10272221core:IntangibleAssetsOtherThanGoodwill2023-12-31 10272221core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-31 10272221core:IntangibleAssetsOtherThanGoodwill2024-12-31 10272221core:PlantMachinery2023-12-31 10272221core:FurnitureFittings2023-12-31 10272221core:ComputerEquipment2023-12-31 10272221core:PlantMachinery2024-01-012024-12-31 10272221core:FurnitureFittings2024-01-012024-12-31 10272221core:ComputerEquipment2024-01-012024-12-31 10272221core:PlantMachinery2024-12-31 10272221core:FurnitureFittings2024-12-31 10272221core:ComputerEquipment2024-12-31 102722212023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10272221 (England and Wales)
Earthsense Systems Limited Unaudited accounts for the year ended 31 December 2024
Earthsense Systems Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Earthsense Systems Limited Company Information for the year ended 31 December 2024
Directors
Thomas Hall Roland Leigh
Company Number
10272221 (England and Wales)
Registered Office
Space Park Leicester 92 Corporation Road Leicester LE4 5SP ENGLAND
Accountants
BGS Accounting Limited 75 Exploration Drive Leicester LE4 5NU
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Earthsense Systems Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,309,709 
1,145,522 
Tangible assets
5
1,154,381 
1,089,136 
2,464,090 
2,234,658 
Current assets
Inventories
13,356 
12,500 
Debtors
6
1,182,851 
1,193,515 
Cash at bank and in hand
72,061 
66,634 
1,268,268 
1,272,649 
Creditors: amounts falling due within one year
7
(1,751,190)
(1,677,800)
Net current liabilities
(482,922)
(405,151)
Total assets less current liabilities
1,981,168 
1,829,507 
Creditors: amounts falling due after more than one year
8
(793,626)
(846,426)
Net assets
1,187,542 
983,081 
Capital and reserves
Called up share capital
7,500 
7,500 
Profit and loss account
1,180,042 
975,581 
Shareholders' funds
1,187,542 
983,081 
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 30 September 2025 and were signed on its behalf by
Thomas Hall Director Company Registration No. 10272221
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Earthsense Systems Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Earthsense Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 10272221. The registered office is Space Park Leicester, 92 Corporation Road, Leicester, LE4 5SP, 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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Prior Year Adjustment
During the year the Group transitioned its primary offering from one-off licences/services to a subscription model. As a result, revenue is now recognised over time as performance obligations are satisfied, rather than at a point in time. Comparative figures have been restated where relevant. This change reduced prior-year revenue by £567,822 and increased deferred revenue by £567,822
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
1,735,850 
Additions
452,252 
At 31 December 2024
2,188,102 
Amortisation
At 1 January 2024
590,328 
Charge for the year
288,065 
At 31 December 2024
878,393 
Net book value
At 31 December 2024
1,309,709 
At 31 December 2023
1,145,522 
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Earthsense Systems Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
2,081,377 
8,960 
53,395 
2,143,732 
Additions
524,737 
- 
2,872 
527,609 
At 31 December 2024
2,606,114 
8,960 
56,267 
2,671,341 
Depreciation
At 1 January 2024
1,032,124 
8,223 
14,249 
1,054,596 
Charge for the year
433,102 
737 
28,525 
462,364 
At 31 December 2024
1,465,226 
8,960 
42,774 
1,516,960 
Net book value
At 31 December 2024
1,140,888 
- 
13,493 
1,154,381 
At 31 December 2023
1,049,253 
737 
39,146 
1,089,136 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
499,742 
527,629 
Amounts due from group undertakings etc.
677,707 
664,707 
Accrued income and prepayments
5,402 
1,179 
1,182,851 
1,193,515 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
220,617 
194,048 
VAT
92,884 
88,713 
Trade creditors
177,798 
155,421 
Taxes and social security
(11,904)
30,350 
Other creditors
655 
9,468 
Accruals
86,460 
46,205 
Deferred income
1,184,680 
1,153,595 
1,751,190 
1,677,800 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
272,865 
208,845 
Other creditors
4,171 
11,124 
Deferred income
516,590 
626,457 
793,626 
846,426 
9
Average number of employees
During the year the average number of employees was 26 (2023: 23).
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