ILLY COMPUTER SYSTEMS LIMITED

Company Registration Number:
02940929 (England and Wales)

Unaudited abridged accounts for the year ended 30 August 2025

Period of accounts

Start date: 31 August 2024

End date: 30 August 2025

ILLY COMPUTER SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 August 2025

Balance sheet
Notes

ILLY COMPUTER SYSTEMS LIMITED

Balance sheet

As at 30 August 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 31,835 36,646
Investments: 4 2,612,500 2,612,500
Total fixed assets: 2,644,335 2,649,146
Current assets
Debtors:   127,062 281,703
Cash at bank and in hand: 894,344 649,157
Investments: 5 37,263 29,032
Total current assets: 1,058,669 959,892
Creditors: amounts falling due within one year: 6 (135,361) (135,806)
Net current assets (liabilities): 923,308 824,086
Total assets less current liabilities: 3,567,643 3,473,232
Provision for liabilities: (193,368) (194,497)
Total net assets (liabilities): 3,374,275 3,278,735
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,374,175 3,278,635
Shareholders funds: 3,374,275 3,278,735

The notes form part of these financial statements

ILLY COMPUTER SYSTEMS LIMITED

Balance sheet statements

For the year ending 30 August 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2026
and signed on behalf of the board by:

Name: Varsha Visavadia
Status: Director

The notes form part of these financial statements

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

2. Employees

2025 2024
Average number of employees during the period 5 5

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

3. Tangible Assets

Total
Cost £
At 31 August 2024 503,664
Additions 5,800
At 30 August 2025 509,464
Depreciation
At 31 August 2024 467,018
Charge for year 10,611
At 30 August 2025 477,629
Net book value
At 30 August 2025 31,835
At 30 August 2024 36,646

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

4. Fixed investments

The proportion of leasehold property leased out to an external third party is classified as investment property and is recognised initially at cost and subsequently remeasured at fair value at each reporting date. Gains and losses on remeasurement are recognised in the profit or loss for the period.

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

5. Current investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the profit or loss for the period.

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

6. Creditors: amounts falling due within one year note

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

ILLY COMPUTER SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 August 2025

7. Related party transactions

Name of the related party:
Relationship:
ILLY Computer Systems Limited and ILLY Systems Limited are under the common control of D. Visavadia and V. Visavadia, the directors.
Description of the Transaction: During the year costs were charged from ILLY Systems Limited to ILLY Computer Systems Limited and also costs were charged from ILLY Computer Systems Limited to ILLY Systems Limited
£
Balance at 31 August 2024 240,389
Balance at 30 August 2025 115,619