Registered number
13929941
Idea8 Ltd
Filleted Accounts
31 March 2023
Idea8 Ltd
Registered number: 13929941
Balance Sheet
as at 31 March 2023
Notes 2023
£
Current assets
Cash at bank and in hand 2,367
Creditors: amounts falling due within one year 3 (3,855)
Net current liabilities (1,488)
Net liabilities (1,488)
Capital and reserves
Called up share capital 60
Profit and loss account (1,548)
Shareholders' funds (1,488)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
James Sheffield
Director
Approved by the board on 23 August 2023
Idea8 Ltd
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023
Number
Average number of persons employed by the company 0
3 Creditors: amounts falling due within one year 2023
£
Taxation and social security costs (136)
Other creditors 3,991
3,855
4 Other information
Idea8 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Office 4, 219 Kensington High Street
Kensington
London
W8 6BD
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