Igence Radar Limited,Ltd - AccountsLtd - Accounts

Igence Radar Limited,Ltd - AccountsLtd - Accounts

IGENCE RADAR LIMITED - Company Information

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2021-09-01 03094523 2022-08-31 03094523 2021-09-01 2022-08-31 03094523 2021-08-31 03094523 2020-09-01 2021-08-31 03094523 uk-core:WithinOneYear 2021-08-31 03094523 uk-core:WithinOneYear 2022-08-31 03094523 uk-core:ShareCapital 2022-08-31 03094523 uk-core:ShareCapital 2021-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 03094523 uk-core:RetainedEarningsAccumulatedLosses 2021-08-31 03094523 uk-bus:Director1 2021-09-01 2022-08-31 03094523 uk-core:ComputerEquipment 2021-08-31 03094523 uk-core:OfficeEquipment 2021-08-31 03094523 uk-core:ComputerEquipment 2021-09-01 2022-08-31 03094523 uk-core:OfficeEquipment 2021-09-01 2022-08-31 03094523 uk-core:OfficeEquipment 2022-08-31 03094523 uk-core:ComputerEquipment 2022-08-31 iso4217:GBP xbrli:pure 03094523 uk-bus:AuditExemptWithAccountantsReport 2021-09-01 2022-08-31 03094523 uk-bus:FRS102 2021-09-01 2022-08-31 03094523 uk-bus:FullAccounts 2021-09-01 2022-08-31 03094523 uk-bus:PrivateLimitedCompanyLtd 2021-09-01 2022-08-31
Igence Radar Limited
Registered Number:03094523
For the year ended 31 August 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2022
Igence Radar Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03094523
As at 31 August 2022
Igence Radar Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
9,143
10,376
2
9,143
10,376
Current assets
Inventories
276,339
69,105
3
Trade and other receivables
261,267
138,622
4
352,951
Cash and cash equivalents
975,251
1,182,978
890,557
Trade and other payables: amounts falling due within one
year
(96,319)
(150,595)
5
794,238
1,032,383
Net current assets
Total assets less current liabilities
1,041,526
804,614
(7,776)
(2,633)
Provisions for liabilities
1,033,750
Net assets
801,981
Capital and reserves
Called up share capital
50
75
Retained earnings
1,033,700
801,906
1,033,750
801,981
Shareholders' funds
For the year ended 31 August 2022 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 2022 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 04 April 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2022
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 2021
93,840
61,061
32,779
2,974
2,974
-
Additions
At 31 August 2022
32,779
64,035
96,814
Provision for depreciation and impairment
At 01 September 2021
83,464
53,159
30,305
Charge for year
4,207
3,589
618
At 31 August 2022
87,671
56,748
30,923
At 31 August 2022
Net book value
1,856
7,287
9,143
At 31 August 2021
2,474
7,902
10,376
3. Inventories
2021
2022
£
£
Stocks
69,105
276,339
2 of 3
5
For the year ended 31 August 2022
Igence Radar Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2021
2022
£
£
Trade debtors
108,510
229,425
Other debtors
30,112
31,842
261,267
138,622
5. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Taxation and social security
147,715
94,700
Other creditors
2,880
1,619
150,595
96,319
6. Average number of persons employed
During the year the average number of employees was 5 (2021 : 5)
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