Company registration number 12484202 (England and Wales)
IG LONDON PROPERTIES 2 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
IG LONDON PROPERTIES 2 LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
679,320
Current assets
16,322
100
Creditors: amounts falling due within one year
(236,358)
Net current (liabilities)/assets
(220,036)
100
Total assets less current liabilities
459,284
100
Creditors: amounts falling due after more than one year
(456,750)
Net assets
2,534
100
Capital and reserves
2,534
100
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
Included within the bank loan is a loan totalling £456,750 (2022 - £nil) held by Lendco Limited, that contains negative pledge over the asset of the company. The loan accrues interest at a rate of 3.75% - 5.54% per annum.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
IG London Properties 2 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor Cloister House, Riverside, New Bailey Street, Manchester, M3 5FS.
For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
IG LONDON PROPERTIES 2 LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 28 November 2023
..............................................
Mr A Goldstein
Director
Company registration number 12484202 (England and Wales)