Information Sciences Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01862026

Information Sciences Limited

Filleted Unaudited Financial Statements

31 March 2026

Information Sciences Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Current assets

Debtors	8	140,273	250,158
Cash at bank and in hand		21,736	54,032
		---------	---------
		162,009	304,190

Creditors: amounts falling due within one year	9	13,897		17,003
		---------		---------
Net current assets			148,112	287,187
			---------	---------
Total assets less current liabilities			148,112	287,187
			---------	---------
Net assets			148,112	287,187
			---------	---------

Capital and reserves

Called up share capital	10,392	10,392
Share premium account	10,982	10,982
Capital redemption reserve	415	415
Profit and loss account	126,323	265,398
	---------	---------
Shareholders funds	148,112	287,187
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 2 September 2026 , and are signed on behalf of the board by:

M J Waterson

Director

Company registration number: 01862026

Information Sciences Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 1 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2025 and 31 March 2026	315,311
	---------
Amortisation
At 1 April 2025 and 31 March 2026	315,311
	---------
Carrying amount
At 31 March 2026	–
	---------
At 31 March 2025	–
	---------

6. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2025 and 31 March 2026	60	60
	----	----
Depreciation
At 1 April 2025 and 31 March 2026	60	60
	----	----
Carrying amount
At 31 March 2026	–	–
	----	----
At 31 March 2025	–	–
	----	----

7. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2025 and 31 March 2026	212
	----
Impairment
At 1 April 2025 and 31 March 2026	212
	----

Carrying amount
At 31 March 2026	–
	----
At 31 March 2025	–
	----

The company owns 100% of the issued ordinary share capital of World Economics Limited.

8. Debtors

	2026	2025
	£	£
Other debtors	140,273	250,158
	---------	---------

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	5,464	5,109
Other creditors	8,433	11,894
	--------	--------
	13,897	17,003
	--------	--------

10. Related party transactions

At the year end, Ivory Square Limited owed the company £140,000 (2025:£250,000). Ivory Square Limited is a company controlled by M Waterson. The loan was on interest free terms and repayable on demand.