Company Registration No. 12011909 (England and Wales)
Ethical It Services Limited
Unaudited accounts
for the year ended 31 March 2026
Ethical It Services Limited
Unaudited accounts
Contents
Ethical It Services Limited
Company Information
for the year ended 31 March 2026
Directors
Mr A C Evans
Mr N Bursey
Mr E Jedinak
Company Number
12011909 (England and Wales)
Registered Office
3 Church Close
Merton
Bicester
Oxfordshire
OX25 2NB
England
Accountants
A D Pottie and Co Ltd
Punches Barn
Waterperry Road
Holton
Oxford
OX33 1PR
Ethical It Services Limited
Statement of financial position
as at 31 March 2026
Intangible assets
27,145
29,155
Tangible assets
5,887
4,853
Cash at bank and in hand
514,915
145,970
Creditors: amounts falling due within one year
(514,441)
(362,709)
Net current assets
466,148
145,838
Total assets less current liabilities
499,180
179,846
Creditors: amounts falling due after more than one year
-
(791)
Net assets
499,180
179,055
Called up share capital
4
4
Profit and loss account
499,176
179,051
Shareholders' funds
499,180
179,055
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 9 September 2026 and were signed on its behalf by
Mr A C Evans
Director
Company Registration No. 12011909
Ethical It Services Limited
Notes to the Accounts
for the year ended 31 March 2026
Ethical It Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12011909. The registered office is 3 Church Close, Merton, Bicester, Oxfordshire, OX25 2NB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
3 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Intangible fixed assets
Goodwill
Ethical It Services Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
270,493
319,601
Other debtors
195,181
42,976
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,319
4,394
Trade creditors
239,465
151,030
Taxes and social security
201,166
110,453
Other creditors
69,866
61,932
8
Creditors: amounts falling due after more than one year
2026
2025
Ethical It Services Limited
Notes to the Accounts
for the year ended 31 March 2026
9
Transactions with related parties
Joint Application Development Enterprises Ltd
Ethical It Services Ltd is 50% owned by Joint Application Development Enterprises Ltd.
During the year to 31st March 2026 the company received purchase invoices from Joint Application Development Enterprises Ltd amounting to £42,000 plus Vat for management fees (2025 - £42,000 ) and £185,319 plus Vat for other services (2025 - £299,222). The company raised invoices to Joint Application Development Enterprises amounting to £4765 plus VAT ( 2025 -£4518)
The amount owed by Joint Application Development Enterprises Limited to Ethical IT Services Ltd at the end of the year was £472 (2025-£905 ) The amount owed by Ethical It Services Ltd to Joint Application Development Enterprises Ltd was £11660 (2025 - £3960) These transactions were carried out in the normal course of business.
There was also an outstanding loan balance of £149,802 owed by Joint Application Development Enterprises Ltd to Ethical It Services at 31st March 2026.
10
Average number of employees
During the year the average number of employees was 15 (2025: 15).