Igence Radar Limited,Ltd - AccountsLtd - Accounts

Igence Radar Limited,Ltd - AccountsLtd - Accounts

IGENCE RADAR LIMITED - Company Information

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2018-09-01 03094523 2019-08-31 03094523 2018-09-01 2019-08-31 03094523 2018-08-31 03094523 2017-09-01 2018-08-31 03094523 uk-core:WithinOneYear 2018-08-31 03094523 uk-core:WithinOneYear 2019-08-31 03094523 uk-core:ShareCapital 2019-08-31 03094523 uk-core:ShareCapital 2018-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2019-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2018-08-31 03094523 uk-bus:Director1 2018-09-01 2019-08-31 03094523 uk-core:ComputerEquipment 2018-08-31 03094523 uk-core:OfficeEquipment 2018-08-31 03094523 uk-core:ComputerEquipment 2018-09-01 2019-08-31 03094523 uk-core:OfficeEquipment 2018-09-01 2019-08-31 03094523 uk-core:OfficeEquipment 2019-08-31 03094523 uk-core:ComputerEquipment 2019-08-31 iso4217:GBP 03094523 uk-bus:AuditExemptWithAccountantsReport 2018-09-01 2019-08-31 03094523 uk-bus:FRS102 2018-09-01 2019-08-31 03094523 uk-bus:FullAccounts 2018-09-01 2019-08-31 03094523 uk-bus:PrivateLimitedCompanyLtd 2018-09-01 2019-08-31
Igence Radar Limited
Registered Number:03094523
For the year ended 31 August 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2019
Igence Radar Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 August 2019
Igence Radar Limited
Statement of Financial Position
Registered Number :
03094523
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
7,970
10,070
2
7,970
10,070
Current assets
Inventories
57,041
34,091
3
Trade and other receivables
228,150
99,864
4
341,820
Cash and cash equivalents
464,538
598,493
627,011
Trade and other payables: amounts falling due within one
year
(54,356)
(87,296)
5
572,655
511,197
Net current assets
Total assets less current liabilities
519,167
582,725
(5,794)
(5,693)
Provisions for liabilities
513,373
Net assets
577,032
Capital and reserves
Called up share capital
75
150
Retained earnings
513,298
576,882
513,373
577,032
Shareholders' funds
For the year ended 31 August 2019 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 of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dr R D Hill Director
These financial statements were approved and authorised for issue by the Board on 17 March 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 August 2019
Igence Radar Limited
Notes to the Financial Statements
Statutory Information
Igence Radar Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03094523.
Registered address:
Wyche Innovation Centre
Walwyn Road, Upper Colwall
Malvern
Worcestershire
WR13 6PL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 September 2018
81,468
48,900
32,568
1,167
1,167
-
Additions
At 31 August 2019
32,568
50,067
82,635
Provision for depreciation and impairment
At 01 September 2018
71,398
44,347
27,051
Charge for year
3,267
1,888
1,379
At 31 August 2019
74,665
46,235
28,430
At 31 August 2019
Net book value
4,138
3,832
7,970
At 31 August 2018
5,517
4,553
10,070
3. Inventories
2018
2019
£
£
Stocks
34,091
57,041
2 of 3
5
For the year ended 31 August 2019
Igence Radar Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2018
2019
£
£
Trade debtors
99,714
228,000
Other debtors
150
150
228,150
99,864
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
-
50
Taxation and social security
86,117
53,152
Other creditors
1,179
1,154
87,296
54,356
3 of 3