Company registration number: 08367445
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
IQ Engineering Systems Limited
Pages for filing with the Registrar
Company registration number: 08367445
IQ Engineering Systems Limited
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 1,272 1,994
1,272 1,994
Current assets
Debtors 5 29,058 30,062
Cash at bank and in hand 24,686 21,423
53,744 51,485
Creditors: amounts falling due within one year
6 (46,070) (42,972)
Net current assets 7,674 8,513
Total assets less current liabilities 8,946 10,507
NET ASSETS 8,946 10,507
Capital and reserves
Called up share capital 100 100
Profit and loss account 8,846 10,407
TOTAL EQUITY 8,946 10,507
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08367445
IQ Engineering Systems Limited
Balance sheet - continued
as at 31 January 2026
The 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr I Quilliam, Director
12 October 2026
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IQ Engineering Systems Limited
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
IQ Engineering Systems Limited is a private company registered in England and Wales. Its registered number is 08367445. The company is limited by shares. Its registered office is Garden Cottage, Badgers Rake Lane, Ellesmere Port, Merseyside, CH66 8PQ.
2 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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 25% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
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IQ Engineering Systems Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 February 2025 6,892
At 31 January 2026 6,892
Depreciation
At 1 February 2025 4,898
Charge for year 722
At 31 January 2026 5,620
Net book value
At 31 January 2026 1,272
At 31 January 2025 1,994
5 Debtors
2026 2025
£ £
Amounts falling due within one year
Prepayments and accrued income 58 62
2026 2025
£ £
Amounts falling due after more than one year
Other debtors 29,000 30,000
Total 29,058 30,062
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IQ Engineering Systems Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
6 Creditors: amounts falling due within one year
2026 2025
£ £
Trade creditors 26 26
Amounts owed to directors 315 243
Taxation 14,425 11,601
VAT payable 5,374 5,218
Accruals and deferred income 25,930 25,884
46,070 42,972
7 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025.
2026 2025
£ £
Mr Ian Quilliam
Balance outstanding at start of year 243 -
Amounts repaid (315) -
Balance outstanding at end of year (73) -
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