Company Registration No. 11075248 (England and Wales)
IOT-WISE LTD
Unaudited accounts
for the year ended 30 November 2021
IOT-WISE LTD
Unaudited accounts
Contents
IOT-WISE LTD
Company Information
for the year ended 30 November 2021
Director
Kanishka Wijayanandana Widanapathirana
Company Number
11075248 (England and Wales)
Registered Office
32 QUEENS QUARTER LONDON ROAD
BINFIELD
BRACKNELL
BERKSHIRE
RG42 4FH
ENGLAND
Accountants
Adam Alsharif - BA (Hons Acc & Fin) AAIA, AFA AIPA, MAAT,CPA
Adam Accountancy Limited
324 Bath Road, Slough
Royal Berkshire
United Kingdom
SL1 6JA
IOT-WISE LTD
Statement of financial position
as at 30 November 2021
Cash at bank and in hand
100,339
93,163
Creditors: amounts falling due within one year
(43,569)
(63,732)
Net current assets
56,770
36,195
Called up share capital
2
2
Profit and loss account
56,767
37,518
Shareholders' funds
56,769
37,520
For the year ending 30 November 2021 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 director acknowledges his 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 and authorised for issue on 6 August 2022 and were signed on its behalf by
Kanishka Wijayanandana Widanapathirana
Director
Company Registration No. 11075248
IOT-WISE LTD
Notes to the Accounts
for the year ended 30 November 2021
IOT-WISE LTD is a private company, limited by shares, registered in England and Wales, registration number 11075248. The registered office is 32 QUEENS QUARTER LONDON ROAD, BINFIELD, BRACKNELL, BERKSHIRE, RG42 4FH, 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:
4
Tangible fixed assets
Computer equipment
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
-
6,764
IOT-WISE LTD
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
5,764
17,609
Loans from directors
37,805
39,905
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).