1 January 2024 false No description of principal activity Taxfiler 2024.6 13703622business:PrivateLimitedCompanyLtd2024-01-012024-12-31 137036222023-12-31 137036222024-01-012024-12-31 13703622business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 13703622business:FilletedAccounts2024-01-012024-12-31 137036222024-12-31 13703622business:Director22024-01-012024-12-31 13703622business:RegisteredOffice2024-01-012024-12-31 137036222023-12-31 13703622core:WithinOneYear2024-12-31 13703622core:WithinOneYear2023-12-31 13703622core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 13703622core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13703622core:CapitalContributionReservecore:PreviouslyStatedAmount2024-12-31 13703622core:CapitalContributionReservecore:PreviouslyStatedAmount2023-12-31 13703622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 13703622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13703622core:PreviouslyStatedAmount2024-12-31 13703622core:PreviouslyStatedAmount2023-12-31 13703622business:SmallEntities2024-01-012024-12-31 13703622countries:EnglandWales2024-01-012024-12-31 13703622core:MotorVehicles2024-01-012024-12-31 13703622core:ComputerEquipment2024-01-012024-12-31 13703622core:Goodwill2023-12-31 13703622core:IntangibleAssetsOtherThanGoodwill2023-12-31 13703622core:Goodwill2024-12-31 13703622core:IntangibleAssetsOtherThanGoodwill2024-12-31 13703622core:PlantMachinery2023-12-31 13703622core:MotorVehicles2023-12-31 13703622core:ComputerEquipment2023-12-31 13703622core:PlantMachinery2024-01-012024-12-31 13703622core:PlantMachinery2024-12-31 13703622core:MotorVehicles2024-12-31 13703622core:ComputerEquipment2024-12-31 137036222023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13703622 (England and Wales)
IQ ENERGY LAW LIMITED Unaudited accounts for the year ended 31 December 2024
IQ ENERGY LAW LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
IQ ENERGY LAW LIMITED Company Information for the year ended 31 December 2024
Director
Muhammad Saqlain
Company Number
13703622 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET THIRD FLOOR LONDON W1W 7LT
- 3 -
IQ ENERGY LAW LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
265,100 
265,100 
Tangible assets
5
12,503 
11,266 
277,603 
276,366 
Current assets
Debtors
6
- 
22,617 
Cash at bank and in hand
460 
187 
460 
22,804 
Creditors: amounts falling due within one year
7
(128,513)
(146,284)
Net current liabilities
(128,053)
(123,480)
Net assets
149,550 
152,886 
Capital and reserves
Called up share capital
1,000 
1,000 
Capital contribution reserve
150,000 
150,000 
Profit and loss account
(1,450)
1,886 
Shareholders' funds
149,550 
152,886 
For the year ending 31 December 2024 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 director acknowledges his 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 and authorised for issue on 13 January 2026 and were signed on its behalf by
Muhammad Saqlain Director Company Registration No. 13703622
- 4 -
IQ ENERGY LAW LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
IQ ENERGY LAW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13703622. The registered office is 85 GREAT PORTLAND STREET, THIRD FLOOR, LONDON, W1W 7LT.
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:
Motor vehicles
Depreciated Over their useful life of 5 years
Computer equipment
Depreciated Over Their Useful life of 3 Years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2024
10,000 
255,100 
265,100 
At 31 December 2024
10,000 
255,100 
265,100 
Amortisation
At 1 January 2024
- 
- 
- 
At 31 December 2024
- 
- 
- 
Net book value
At 31 December 2024
10,000 
255,100 
265,100 
At 31 December 2023
10,000 
255,100 
265,100 
- 5 -
IQ ENERGY LAW LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
- 
11,550 
5,079 
16,629 
Additions
5,240 
- 
- 
5,240 
At 31 December 2024
5,240 
11,550 
5,079 
21,869 
Depreciation
At 1 January 2024
- 
2,310 
3,053 
5,363 
Charge for the year
- 
2,310 
1,693 
4,003 
At 31 December 2024
- 
4,620 
4,746 
9,366 
Net book value
At 31 December 2024
5,240 
6,930 
333 
12,503 
At 31 December 2023
- 
9,240 
2,026 
11,266 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,142 
Trade debtors
- 
20,715 
Other debtors
- 
760 
- 
22,617 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
128,513 
146,284 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -