COMPANY REGISTRATION NUMBER:
12781089
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Intelligent Decisioning Holdings Ltd |
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Filleted Unaudited Financial Statements |
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Intelligent Decisioning Holdings Ltd |
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Statement of Financial Position |
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31 December 2024
Fixed assets
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Intangible assets |
4 |
|
250,000 |
– |
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Investments |
5 |
|
100,310 |
100,310 |
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|
--------- |
--------- |
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|
350,310 |
100,310 |
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|
|
|
|
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Creditors: amounts falling due within one year |
6 |
254,533 |
|
3,499 |
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--------- |
|
------- |
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Net current liabilities |
|
254,533 |
3,499 |
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--------- |
--------- |
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Total assets less current liabilities |
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95,777 |
96,811 |
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-------- |
-------- |
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Net assets |
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95,777 |
96,811 |
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-------- |
-------- |
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Capital and reserves
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Called up share capital |
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20,000 |
20,000 |
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Share premium account |
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79,900 |
79,900 |
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Profit and loss account |
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(
4,123) |
(
3,089) |
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-------- |
-------- |
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Shareholders funds |
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95,777 |
96,811 |
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-------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
28 May 2025
, and are signed on behalf of the board by:
Company registration number:
12781089
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Intelligent Decisioning Holdings Ltd |
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Notes to the Financial Statements |
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Year ended 31 December 2024
1.
General information
The company is a private limited company limited by shares, registered in England and Wales. The address of the registered office is Lyndhurst, 1 Cranmer Street, Nottingham, NG10 1NJ The company was incorporated on 30 July 2020.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Research and development
Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Investments in subsidiaries
Investments in subsidiaries accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Intangible assets
|
Development costs |
|
£ |
|
Cost |
|
|
Additions |
250,000 |
|
--------- |
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At 31 December 2024 |
250,000 |
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--------- |
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Amortisation |
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At 1 January 2024 and 31 December 2024 |
– |
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--------- |
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Carrying amount |
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At 31 December 2024 |
250,000 |
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--------- |
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At 31 December 2023 |
– |
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--------- |
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5.
Investments
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Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2024 and 31 December 2024 |
100,310 |
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--------- |
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Impairment |
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At 1 January 2024 and 31 December 2024 |
– |
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--------- |
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Carrying amount |
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At 31 December 2024 |
100,310 |
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--------- |
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At 31 December 2023 |
100,310 |
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--------- |
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6.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
253,833 |
2,799 |
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Other creditors |
700 |
700 |
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--------- |
------- |
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254,533 |
3,499 |
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--------- |
------- |
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