Acorah Software Products - Accounts Production 16.6.950 false true false 2 March 2024 30 June 2025 30 June 2025 15536955 Dr I Pearson Mrs S Mckeown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15536955 2024-03-01 15536955 2025-06-30 15536955 2024-03-02 2025-06-30 15536955 frs-core:CurrentFinancialInstruments 2025-06-30 15536955 frs-core:ShareCapital 2025-06-30 15536955 frs-bus:PrivateLimitedCompanyLtd 2024-03-02 2025-06-30 15536955 frs-bus:FilletedAccounts 2024-03-02 2025-06-30 15536955 frs-bus:SmallEntities 2024-03-02 2025-06-30 15536955 frs-bus:AuditExempt-NoAccountantsReport 2024-03-02 2025-06-30 15536955 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-02 2025-06-30 15536955 frs-bus:Director1 2024-03-02 2025-06-30 15536955 frs-bus:Director1 2024-03-01 15536955 frs-bus:Director1 2025-06-30 15536955 frs-bus:Director2 2024-03-02 2025-06-30 15536955 frs-countries:EnglandWales 2024-03-02 2025-06-30
Registered number: 15536955
IT&S Cambridge Ltd
Unaudited Financial Statements
For the Period 2 March 2024 to 30 June 2025
Strategic Partnership
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 15536955
30 June 2025
Notes £ £
CURRENT ASSETS
Debtors 3 85,801
85,801
Creditors: Amounts Falling Due Within One Year 4 (85,701 )
NET CURRENT ASSETS (LIABILITIES) 100
TOTAL ASSETS LESS CURRENT LIABILITIES 100
NET ASSETS 100
CAPITAL AND RESERVES
Called up share capital 5 100
SHAREHOLDERS' FUNDS 100
For the period ending 30 June 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Dr I Pearson
Director
1 December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
These financial statements for the period ended 30 June 2025 are the first financial statements of IT&S Cambridge Ltd prepared in accordance with FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of adoption to FRS 102 (Section 1A) was 02 March 2024.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.3. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred Tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3
3
3. Debtors
30 June 2025
£
Due within one year
Other taxes and social security 2,172
Directors' loan accounts 83,629
85,801
4. Creditors: Amounts Falling Due Within One Year
30 June 2025
£
Corporation tax 85,701
85,701
Page 2
Page 3
5. Share Capital
30 June 2025
£
Allotted, Called up and fully paid 100
During the period, the company issued 45 Ordinary Shares, 45 Ordinary A Shares and 10 Ordinary B Shares for the nominal value of £1 per share. As at 30 June 2025 there are 45 Ordinary Shares, 45 Ordinary A Shares and 10 Ordinary B Shares in issue.
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 2 March 2024 Amounts advanced Amounts repaid Amounts written off As at 30 June 2025
£ £ £ £ £
Dr Ian Robert Pearson - 379,357 (462,987 ) - 83,629
The above loan will be repaid within 9 months of the year end.
7. General Information
IT&S Cambridge Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15536955 . The registered office is Church Green Cottage, Hinxton, Saffron, Walden, CB10 1RA.
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