REGISTERED NUMBER: 03698913 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

IS COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M J Y Mulquin

SECRETARY:

Mr M J Y Mulquin

REGISTERED OFFICE:

2 School Road

Ely

Cambridgeshire

CB6 2FG

REGISTERED NUMBER:

03698913 (England and Wales)

ACCOUNTANTS:

NKT Accountants

11 Kings Court

Willie Snaith Road

Newmarket

Suffolk

CB8 7SG

FIXED ASSETS

Tangible assets

4

3,690

2,560

CURRENT ASSETS

Debtors

5

61,421

68,145

Cash at bank

1,903

9,835

63,324

77,980

CREDITORS

Amounts falling due within one year

6

12,318

17,212

NET CURRENT ASSETS

51,006

60,768

TOTAL ASSETS LESS CURRENT LIABILITIES

54,696

63,328

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

54,694

63,326

SHAREHOLDERS' FUNDS

54,696

63,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th October 2025 and were signed by:

Mr M J Y Mulquin - Director

1.	STATUTORY INFORMATION

IS Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Although the company was insolvent at the balance sheet date the accounts have been prepared on the going concern basis, with the intention of returning to profitability.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment and furniture

-

20% on cost

Computer equipment

-

33% on cost

Estimation techniques

In preparing the financial statements, management are required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenue and expenses during the period.

Significant areas requiring the use of estimated relate to the determination of accruals and other liabilities and the disclosure of contingent liabilities, if any, at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Office

equipment

and

Computer

furniture

equipment

Totals

£

£

£

COST

At 1st February 2024

2,148

6,545

8,693

Additions

-

2,421

2,421

Disposals

-

(174

)

(174

)

At 31st January 2025

2,148

8,792

10,940

DEPRECIATION

At 1st February 2024

1,448

4,685

6,133

Charge for year

170

1,121

1,291

Eliminated on disposal

-

(174

)

(174

)

At 31st January 2025

1,618

5,632

7,250

NET BOOK VALUE

At 31st January 2025

530

3,160

3,690

At 31st January 2024

700

1,860

2,560

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Other debtors

61,421

68,145

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Taxation and social security

11,208

16,132

Other creditors

1,110

1,080

12,318

17,212

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2025 and 31st January 2024:

31/1/25

31/1/24

£

£

Mr M J Y Mulquin

Balance outstanding at start of year

66,078

16,739

Amounts advanced

54,265

59,352

Amounts repaid

(60,988

)

(10,013

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,355

66,078