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Company Registration No. 14561776 (England and Wales)
IOSITY Ltd Unaudited accounts for the year ended 31 March 2025
IOSITY Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
IOSITY Ltd Company Information for the year ended 31 March 2025
Directors
David Watson Andrea Jane Williamson
Company Number
14561776 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ England
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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IOSITY Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
307 
398 
Current assets
Debtors
5
- 
3,200 
Cash at bank and in hand
12,009 
24,615 
12,009 
27,815 
Creditors: amounts falling due within one year
6
(2,730)
(19,301)
Net current assets
9,279 
8,514 
Net assets
9,586 
8,912 
Reserves
7
Profit and loss account
9,586 
8,912 
Members' funds
9,586 
8,912 
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 24 December 2025 and were signed on its behalf by
David Watson Director Company Registration No. 14561776
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IOSITY Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
IOSITY Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 14561776. The registered office is 3a Blue Sky Way , Monkton Business Park South, Hebburn, Tyne and Wear, NE31 2EQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15%
Computer equipment
25%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
319 
170 
489 
At 31 March 2025
319 
170 
489 
Depreciation
At 1 April 2024
48 
43 
91 
Charge for the year
48 
43 
91 
At 31 March 2025
96 
86 
182 
Net book value
At 31 March 2025
223 
84 
307 
At 31 March 2024
271 
127 
398 
- 5 -
IOSITY Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,200 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
714 
Taxes and social security
2,056 
5,037 
Accrued preference dividends
- 
13,000 
Loans from directors
- 
550 
Accruals
674 
- 
2,730 
19,301 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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