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IGENCE RADAR LIMITED - Company Information

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Igence Radar Limited

Registered Number:03094523

For the year ended 31 August 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 August 2023

Igence Radar Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

03094523

As at 31 August 2023

Igence Radar Limited

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

6,853

9,143

6,853

9,143

Current assets

Inventories

69,105

245,000

Trade and other receivables

138,622

4,339

975,251

Cash and cash equivalents

842,211

1,091,550

1,182,978

Trade and other payables: amounts falling due within one

year

(150,595)

(51,188)

1,032,383

1,040,362

Net current assets

Total assets less current liabilities

1,047,215

1,041,526

(11,100)

(7,776)

Provisions for liabilities

1,036,115

Net assets

1,033,750

Capital and reserves

Called up share capital

Retained earnings

1,036,065

1,033,700

1,036,115

1,033,750

Shareholders' funds

For the year ended 31 August 2023 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 2023 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his 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 07 November 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 31 August 2023

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 2022

96,814

64,035

32,779

864

Additions

At 31 August 2023

32,779

64,899

97,678

Provision for depreciation and impairment

At 01 September 2022

87,671

56,748

30,923

Charge for year

3,154

2,690

464

At 31 August 2023

90,825

59,438

31,387

At 31 August 2023

Net book value

1,392

5,461

6,853

At 31 August 2022

1,856

7,287

9,143

3. Inventories

2022

2023

Stocks

245,000

69,105

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For the year ended 31 August 2023

Igence Radar Limited

Notes to the Financial Statements Continued

4. Trade and other receivables

2022

2023

Trade debtors

108,510

Other debtors

4,339

30,112

138,622

4,339

5. Trade and other payables: amounts falling due within one year

2022

2023

Taxation and social security

48,309

147,715

Other creditors

2,879

2,880

51,188

150,595

6. Average number of persons employed

During the year the average number of employees was 5 (2022 : 5)

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