Iley Technology Ltd

Iley Technology Ltd
Contents Page
For the Period 01 April 2025 to 31 May 2026

Company Information	1
Directors' Report	2
Statement of Financial Position	3
Notes to the Financial Statements	4

Iley Technology Ltd
Company Information
For the Period 01 April 2025 to 31 May 2026

Directors	John Cavanagh Pauline Cavanagh
Registered Number	07565974
Registered Office	31 Wansdyke Morpeth United Kingdom NE61 3RA

1

Iley Technology Ltd
Directors' Report
For the Period 01 April 2025 to 31 May 2026

Director's report and financial statements

The directors present their annual report and the financial statements for the period ended 31 May 2026

Principal activities

Principal activity of the company during the financial period was that of technology for security services.

Directors

The directors who served the company throughout the period were as follows:

John Cavanagh

Pauline Cavanagh

This report was approved by the board and signed on its behalf by:

----------------------------------
John Cavanagh
Director

Date approved: 02 September 2026

2

Iley Technology Ltd
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Current assets
Debtors	4	15	2,911
Cash at bank and in hand		20,241	51,758
		20,256	54,669
Creditors: amount falling due within one year	5	(4,101)	(3,537)
Net current assets		16,155	51,132

Total assets less current liabilities		16,155	51,132
Net assets		16,155	51,132

Capital and reserves
Called up share capital		100	100
Profit and loss account		16,055	51,032
Shareholders' funds		16,155	51,132

For the period ended 31 May 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 accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 02 September 2026 and were signed on its behalf by:

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John Cavanagh
Director

3

Iley Technology Ltd
Notes to the Financial Statements
For the Period 01 April 2025 to 31 May 2026

General Information

Iley Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 07565974, registration address 31 Wansdyke, Morpeth, United Kingdom, NE61 3RA.

The presentation currency is £ sterling.

1.

Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of services, excluding value added tax, as adjusted for work in progress. Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for the services rendered to its customer.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income and retained earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 April 2025	3,841	3,841
Additions	-	-
Disposals	(3,841)	(3,841)
At 31 May 2026	-	-
Depreciation
At 01 April 2025	3,841	3,841
Charge for period	-	-
On disposals	(3,841)	(3,841)
At 31 May 2026	-	-
Net book values
Closing balance as at 31 May 2026	-	-
Opening balance as at 01 April 2025	-	-

4.

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	-	2,814
Prepayments & Accrued Income	15	97
	15	2,911

5.

Creditors: amount falling due within one year

	2026 £	2025 £
Social Security and Other Taxes	1,178	1,218
Accrued Expenses	1,827	1,740
Directors' Current Accounts	1,096	579
	4,101	3,537

4

Registered Number: 07565974
England and Wales
ILEY TECHNOLOGY LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2025 End date: 31 May 2026