Company Registration No. 09168134 (England and Wales)
This is Iris Ltd
Unaudited accounts
for the year ended 31 August 2023
This is Iris Ltd
Unaudited accounts
Contents
This is Iris Ltd
Company Information
for the year ended 31 August 2023
Company Number
09168134 (England and Wales)
Registered Office
95 DEVONSHIRE PARK
BIDEFORD
DEVON
EX39 5JF
Accountants
Magnus Proctor FFA
Lindisfarne
Landkey Road
Barnstaple
Devon
EX32 9BW
This is Iris Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
43,736
28,885
Creditors: amounts falling due within one year
(17,002)
(19,750)
Net current assets
34,737
29,005
Called up share capital
1
1
Profit and loss account
35,245
29,682
Shareholders' funds
35,246
29,683
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 18 October 2023 and were signed on its behalf by
Sarah Lawrence
Director
Company Registration No. 09168134
This is Iris Ltd
Notes to the Accounts
for the year ended 31 August 2023
This is Iris Ltd is a private company, limited by shares, registered in England and Wales, registration number 09168134. The registered office is 95 DEVONSHIRE PARK, BIDEFORD, DEVON, EX39 5JF.
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
Amounts falling due within one year
Trade debtors
8,003
17,324
This is Iris Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,546
10,126
Taxes and social security
3,267
2,726
Loans from directors
4,639
6,015
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).