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Company Registration No. 15115527 (England and Wales)
ILOS Accounts Ltd Unaudited accounts for the year ended 31 March 2026
ILOS Accounts Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ILOS Accounts Ltd Company Information for the year ended 31 March 2026
Directors
Lisa Emma Wheat Iain Frederick Wheat
Company Number
15115527 (England and Wales)
Registered Office
1 Countess Grove Chellaston Derby Derbyshire DE73 5WS United Kingdom
Accountants
ILOS Accounts Ltd 1 Countess Grove Chellaston Derby Derby Derbyshire DE73 5WS
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ILOS Accounts Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
1,381
602
Current assets
Debtors
5
3,975
2,530
Cash at bank and in hand
9,578
6,288
13,553
8,818
Creditors: amounts falling due within one year
6
(1,474)
(1,996)
Net current assets
12,079
6,822
Total assets less current liabilities
13,460
7,424
Provisions for liabilities
Deferred tax
(262)
(114)
Net assets
13,198
7,310
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
13,196
7,308
Shareholders' funds
13,198
7,310
For the year ending 31 March 2026 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 3 April 2026 and were signed on its behalf by
Lisa Emma Wheat Director Company Registration No. 15115527
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ILOS Accounts Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
ILOS Accounts Ltd is a private company, limited by shares, registered in England and Wales, registration number 15115527. The registered office is 1 Countess Grove, Chellaston, Derby, Derbyshire, DE73 5WS, United Kingdom.
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.
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 rendering of services is recognised by reference to the stage of completion of the contract.
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:
Computer equipment
25% Straight Line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the period. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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ILOS Accounts Ltd Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2025
914
Additions
1,099
At 31 March 2026
2,013
Depreciation
At 1 April 2025
312
Charge for the year
320
At 31 March 2026
632
Net book value
At 31 March 2026
1,381
At 31 March 2025
602
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
3,975
2,530
6
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
1,474
1,996
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1 Ordinary Shares of £1 each
1
1
1 Ordinary A Shares of £1 each
1
1
2
2
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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