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Company Registration No. 12903842 (England and Wales)
IGS E-TRONICS LTD Unaudited accounts for the year ended 30 September 2025
IGS E-TRONICS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IGS E-TRONICS LTD Company Information for the year ended 30 September 2025
Director
Ignas Saukaitis
Company Number
12903842 (England and Wales)
Registered Office
12 MATLEY ORTON BRIMBLES PETERBOROUGH PE2 5YQ ENGLAND
Accountants
Accountancy Solutions 4U Ltd 12 Lilac Road Dogsthorpe Peterborough Cambridgeshire PE1 4PR
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IGS E-TRONICS LTD Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,310
16,111
Current assets
Debtors
5
64
3,200
Cash at bank and in hand
617
1,015
681
4,215
Creditors: amounts falling due within one year
6
(32,756)
(3,297)
Net current (liabilities)/assets
(32,075)
918
Total assets less current liabilities
(21,765)
17,029
Creditors: amounts falling due after more than one year
7
-
(20,538)
Net liabilities
(21,765)
(3,509)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(21,865)
(3,609)
Shareholders' funds
(21,765)
(3,509)
For the year ending 30 September 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 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 30 March 2026 and were signed on its behalf by
Ignas Saukaitis Director Company Registration No. 12903842
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IGS E-TRONICS LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
IGS E-TRONICS LTD is a private company, limited by shares, registered in England and Wales, registration number 12903842. The registered office is 12 MATLEY, ORTON BRIMBLES, PETERBOROUGH, PE2 5YQ, 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:
Plant & machinery
25% straight line depreciation per annum
Motor vehicles
25% straight line depreciation per annum
Fixtures & fittings
25% straight line depreciation per annum
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
8,707
8,000
10,144
26,851
Additions
-
-
352
352
Disposals
(1,205)
-
(2,791)
(3,996)
At 30 September 2025
7,502
8,000
7,705
23,207
Depreciation
At 1 October 2024
3,843
3,000
3,897
10,740
Charge for the year
1,882
1,000
2,466
5,348
On disposals
(1,057)
-
(2,134)
(3,191)
At 30 September 2025
4,668
4,000
4,229
12,897
Net book value
At 30 September 2025
2,834
4,000
3,476
10,310
At 30 September 2024
4,864
5,000
6,247
16,111
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IGS E-TRONICS LTD Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
3,200
Amounts falling due after more than one year
Accrued income and prepayments
64
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,817
-
Obligations under finance leases and hire purchase contracts
8,590
-
Trade creditors
-
606
Taxes and social security
38
81
Other creditors
860
-
Loans from directors
21,451
2,610
32,756
3,297
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
20,538
8
Capital commitments
2025
2024
£
£
There were no capital commitments on 30 September 2025 or 30 September 2024.
9
Contingent liabilities
There were no capital commitments on 30 September 2025 or 30 September 2024.
10
Controlling party
Mr. Ignas Saukaitis control the company with 75% and Mrs. Jurate Saukaitiene control the company 25%
11
Post balance sheet events
Disclosure of Name changes The company has officially changed its name from IGS Motors Ltd is owned by IGS E-Tronics Ltd since 20 May 2025.
12
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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