Company Registration No. 03696050 (England and Wales)
Identispec Limited
Unaudited accounts
for the year ended 31 March 2025
Identispec Limited
Unaudited accounts
Contents
Identispec Limited
Company Information
for the year ended 31 March 2025
Directors
IAN JOSLIN
JACQUELINE MURRAY
Company Number
03696050 (England and Wales)
Registered Office
30 Juniper Close
Maidstone
Kent
ME16 0XP
England
Accountants
AXIS CLOUD ACCOUNTING LIMITED
MARLOWE INNOVATION CENTRE
MARLOWE WAY
RAMSGATE
KENT
CT12 6FA
Identispec Limited
Statement of financial position
as at 31 March 2025
Tangible assets
5,833
7,777
Creditors: amounts falling due within one year
(19,721)
(30,153)
Net current liabilities
(7,837)
(7,666)
Net (liabilities)/assets
(2,004)
111
Called up share capital
100
100
Profit and loss account
(2,104)
11
Shareholders' funds
(2,004)
111
For the year ending 31 March 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 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 11 December 2025 and were signed on its behalf by
IAN JOSLIN
Director
Company Registration No. 03696050
Identispec Limited
Notes to the Accounts
for the year ended 31 March 2025
Identispec Limited is a private company, limited by shares, registered in England and Wales, registration number 03696050. The registered office is 30 Juniper Close, Maidstone, Kent, ME16 0XP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% REDUCING BALANCE
Fixtures & fittings
25% REDUCING BALANCE
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
32,207
12,265
44,472
At 31 March 2025
32,207
12,265
44,472
At 1 April 2024
27,459
9,236
36,695
Charge for the year
1,187
757
1,944
At 31 March 2025
28,646
9,993
38,639
At 31 March 2025
3,561
2,272
5,833
At 31 March 2024
4,748
3,029
7,777
Identispec Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
13,600
15,100
Taxes and social security
257
9,594
Loans from directors
3,673
-
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).