ACCOUNTS - Final Accounts preparation

Registered number: 14722800

IOT CORE LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

IOT CORE LTD

REGISTERED NUMBER: 14722800

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Cash at bank and in hand	4	1		1
		1		1
Total assets less current liabilities			1		1

Net assets			1		1

Capital and reserves
Called up share capital	5	1	1
		1	1

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

F C Mangu

Director

Date: 29 September 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

IOT CORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

IOT Core Ltd is a private company, limited by shares, incorporated in England and Wales, registration Number is 14722800. The registered office is 6th Floor, 2 London Wall Place, London, EC2Y 5AU.
The financial statement are prepared for 12 month period 1 January 2024 to 31 December 2024, whereas the comparatives are for 6 months for the period 5 July 2023 to 31 December 2023.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
IOT Core Ltd is the subsidary company of the small group. The parent company is not required to prepare and has not prepared group accounts.
The following principal accounting policies have been applied:

2.2

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

4.	Cash and cash equivalents
		2024	2023
		£	£

	Cash at bank and in hand	1	1

Page 2

IOT CORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Share capital
		2024	2023
		£	£

Authorised, allotted, called up and fully paid

100 (2023 - 100) Ordinary shares of £0.01 each	1	1

6.	Controlling party

The ultimate controlling party is WIF Enterprise Limited. The company is a wholly owned subsidiary of WIF Enterprise Limited, the parent entity, incorporated in England and Wales.

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