Company Registration No. 10307028 (England and Wales)
IDD CONSTRUCTION LTD
Unaudited accounts
for the year ended 31 March 2023
IDD CONSTRUCTION LTD
Unaudited accounts
Contents
IDD CONSTRUCTION LTD
Company Information
for the year ended 31 March 2023
Company Number
10307028 (England and Wales)
Registered Office
3rd Floor
Office Suite 17-316e Ilford Lane
Ilford
IG1 2LT
Accountants
LS ACCOUNTANTS SERVICES LTD
3rd Floor, Office Suite 17,316e
Ilford Lane
Ilford
Essex
IG1 2LT
IDD CONSTRUCTION LTD
Statement of financial position
as at 31 March 2023
Tangible assets
2,688
3,973
Cash at bank and in hand
71,930
79,192
Creditors: amounts falling due within one year
(66,475)
(69,325)
Net current assets
20,895
26,560
Total assets less current liabilities
23,583
30,533
Creditors: amounts falling due after more than one year
(20,083)
(30,083)
Called up share capital
100
100
Profit and loss account
3,400
350
Shareholders' funds
3,500
450
For the year ending 31 March 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 his 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 7 October 2023 and were signed on its behalf by
Ilie DABIJA
Director
Company Registration No. 10307028
IDD CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 March 2023
IDD CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 10307028. The registered office is 3rd Floor, Office Suite 17-316e Ilford Lane, Ilford, IG1 2LT.
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:
Motor vehicles
- 25% reducing balance
Computer equipment
- 25% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,500
2,083
8,583
At 31 March 2023
6,500
2,083
8,583
At 1 April 2022
3,758
852
4,610
Charge for the year
685
600
1,285
At 31 March 2023
4,443
1,452
5,895
At 31 March 2023
2,057
631
2,688
At 31 March 2022
2,742
1,231
3,973
Amounts falling due within one year
Other debtors
15,000
15,000
IDD CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
9,500
Taxes and social security
9,105
103
Loans from directors
47,370
54,723
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).