IDS OPERATIONS LTD

Company Registration Number:
05820167 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

IDS OPERATIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

IDS OPERATIONS LTD

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The director shown below has held office during the whole of the period from
1 June 2022 to 31 May 2023

Calin Huma


The director shown below has held office during the period of
19 January 2023 to 31 May 2023

Dragos Moisescu


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 September 2023

And signed on behalf of the board by:
Name: Calin Huma
Status: Director

IDS OPERATIONS LTD

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 2,141,104 843,515
Cash at bank and in hand: 2,997,816 2,307,001
Total current assets: 5,138,920 3,150,516
Creditors: amounts falling due within one year: 4 ( 3,149,869 ) ( 1,760,615 )
Net current assets (liabilities): 1,989,051 1,389,901
Total assets less current liabilities: 1,989,051 1,389,901
Creditors: amounts falling due after more than one year: 5 ( 111,412 )
Total net assets (liabilities): 1,989,051 1,278,489
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,988,051 1,277,489
Total Shareholders' funds: 1,989,051 1,278,489

The notes form part of these financial statements

IDS OPERATIONS LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 September 2023
and signed on behalf of the board by:

Name: Calin Huma
Status: Director

The notes form part of these financial statements

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Foreign currency transactions:Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.At the end of each reporting period monetary items are translated at the closing rate of exchange. Any differences are charged to profit or loss.

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 10 8

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Debtors

2023 2022
£ £
Trade debtors 1,988,018 843,515
Other debtors 153,086
Total 2,141,104 843,515

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,844,915 1,226,230
Taxation and social security 252,684 130,105
Other creditors 52,270 404,280
Total 3,149,869 1,760,615

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due after more than one year note

  2022
  £
Other creditors 111,412
Total   111,412