Company Registration No. 07680962 (England and Wales)
Ikigai Ventures Limited
Unaudited accounts
for the year ended 30 June 2023
Ikigai Ventures Limited
Unaudited accounts
Contents
Ikigai Ventures Limited
Company Information
for the year ended 30 June 2023
Director
Dr Cameron Fraser Nichol
Company Number
07680962 (England and Wales)
Registered Office
Second Floor
26 Goodge Street
Fitzrovia, London
W1T 2QG
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
Ikigai Ventures Limited
Statement of financial position
as at 30 June 2023
Tangible assets
19,997
19,798
Cash at bank and in hand
19,447
7,332
Creditors: amounts falling due within one year
(33,236)
(29,232)
Net current liabilities
(13,789)
(21,900)
Net assets/(liabilities)
6,208
(2,102)
Called up share capital
1
1
Profit and loss account
6,207
(2,103)
Shareholders' funds
6,208
(2,102)
For the year ending 30 June 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 November 2023 and were signed on its behalf by
Dr Cameron Fraser Nichol
Director
Company Registration No. 07680962
Ikigai Ventures Limited
Notes to the Accounts
for the year ended 30 June 2023
Ikigai Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 07680962. The registered office is Second Floor, 26 Goodge Street, Fitzrovia, London, W1T 2QG.
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:
Land & buildings
5% reducing balance method
Plant & machinery
33% straight line method
Fixtures & fittings
25% straight line method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
23,293
10,897
-
34,190
At 30 June 2023
23,293
10,897
1,473
35,663
At 1 July 2022
3,495
10,897
-
14,392
Charge for the year
1,165
-
109
1,274
At 30 June 2023
4,660
10,897
109
15,666
At 30 June 2023
18,633
-
1,364
19,997
At 30 June 2022
19,798
-
-
19,798
Ikigai Ventures Limited
Notes to the Accounts
for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,902
406
Loans from directors
31,190
28,682
During the year, a balance of £31,190 (2022: £28,682 ) was owed to the directors at the year end.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).