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REGISTERED NUMBER: 06755917 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Intellectual Property Assets Strategic
Management UK Limited

Intellectual Property Assets Strategic
Management UK Limited (Registered number: 06755917)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Intellectual Property Assets Strategic
Management UK Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: Dr P Axerio





REGISTERED OFFICE: Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA





REGISTERED NUMBER: 06755917 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

Intellectual Property Assets Strategic
Management UK Limited (Registered number: 06755917)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 495

CURRENT ASSETS
Debtors 5 77,121 52,401
Cash at bank - 2,069
77,121 54,470
CREDITORS
Amounts falling due within one year 6 28,684 21,007
NET CURRENT ASSETS 48,437 33,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,437

33,958

CREDITORS
Amounts falling due after more than one
year

7

10,626

11,171
NET ASSETS 37,811 22,787

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,711 22,687
SHAREHOLDERS' FUNDS 37,811 22,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Intellectual Property Assets Strategic
Management UK Limited (Registered number: 06755917)

Balance Sheet - continued
31 December 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 30 September 2023 and were signed by:





Dr P Axerio - Director


Intellectual Property Assets Strategic
Management UK Limited (Registered number: 06755917)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Intellectual Property Assets Strategic Management UK Limited is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Intellectual Property Assets Strategic
Management UK Limited (Registered number: 06755917)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 3,834
DEPRECIATION
At 1 January 2022 3,339
Charge for year 495
At 31 December 2022 3,834
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 495

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 23,982 2,033
Amounts owed by group undertakings 53,043 50,368
Other debtors 96 -
77,121 52,401

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 1,226 -
Trade creditors 6,046 1,084
Taxation and social security 2,628 122
Other creditors 18,784 19,801
28,684 21,007

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans 10,626 11,171