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REGISTERED NUMBER: SC195278 (Scotland)




















IPulse Management Scotland Limited

Unaudited Financial Statements

for the Year Ended 31 March 2018






IPulse Management Scotland Limited (Registered number: SC195278)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IPulse Management Scotland Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: Miss P A Berry



SECRETARY: Whitelaw Wells



REGISTERED OFFICE: 227 Dalry Road
The Lodge
Edinburgh
EH11 2EQ



REGISTERED NUMBER: SC195278 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Cater Allen
9 Nelson Street
Bradford
BD1 5AN

IPulse Management Scotland Limited (Registered number: SC195278)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,202 567

CURRENT ASSETS
Debtors 5 2,567 8,770
Cash at bank and in hand 16,345 10,594
18,912 19,364
CREDITORS
Amounts falling due within one year 6 16,801 18,527
NET CURRENT ASSETS 2,111 837
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,313

1,404

PROVISIONS FOR LIABILITIES 228 108
NET ASSETS 3,085 1,296

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,083 1,294
SHAREHOLDERS' FUNDS 3,085 1,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a) ensuring that the company keeps 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 Sections 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.

IPulse Management Scotland Limited (Registered number: SC195278)

Balance Sheet - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 13 December 2018 and were signed by:





Miss P A Berry - Director


IPulse Management Scotland Limited (Registered number: SC195278)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

IPulse Management Scotland Limited is a private company, limited by shares , registered in
Scotland. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover and revenue recognition
Turnover represents invoiced provision of computer consultancy services, excluding value added
tax, except in respect of service contracts where turnover is recognised when the company obtains
the right to consideration.

The company has operated under the VAT Flat Rate Scheme with effect from 1 October 2012.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income
or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.


IPulse Management Scotland Limited (Registered number: SC195278)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 2,939
Additions 936
Disposals (1,764 )
At 31 March 2018 2,111
DEPRECIATION
At 1 April 2017 2,372
Charge for year 301
Eliminated on disposal (1,764 )
At 31 March 2018 909
NET BOOK VALUE
At 31 March 2018 1,202
At 31 March 2017 567

IPulse Management Scotland Limited (Registered number: SC195278)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 2,565 8,768
Amounts owed by group undertakings 2 2
2,567 8,770

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 14,945 14,805
Other creditors 1,856 3,722
16,801 18,527

7. ULTIMATE CONTROLLING PARTY

Securix Limited (SC431167) is regarded by the director as being the company's ultimate parent
company.