IDS Plant Ltd 14075454 plant hire false 28 April 2022 14075454 2022-04-28 2023-04-30 14075454 2022-04-27 14075454 2023-04-30 14075454 frs102-bus:FRS102 2022-04-28 2023-04-30 14075454 frs102-bus:PrivateLimitedCompanyLtd 2022-04-28 2023-04-30 14075454 frs102-bus:FullAccounts 2022-04-28 2023-04-30 14075454 frs102-bus:AuditExemptWithAccountantsReport 2022-04-28 2023-04-30 14075454 frs102-core:CurrentFinancialInstruments 2023-04-30 14075454 frs102-core:Non-currentFinancialInstruments 2023-04-30 14075454 frs102-core:ShareCapital 2023-04-30 14075454 frs102-core:RetainedEarningsAccumulatedLosses 2023-04-30 14075454 frs102-bus:Director1 2022-04-28 2023-04-30 14075454 frs102-core:PlantMachinery 2022-04-28 2023-04-30 14075454 frs102-core:PlantMachinery 2023-04-30 14075454 frs102-core:Non-currentFinancialInstruments 2022-04-28 2023-04-30 14075454 frs102-bus:OrdinaryShareClass1 2023-04-30 14075454 frs102-bus:OrdinaryShareClass1 2022-04-28 2023-04-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
14075454
IDS Plant Ltd
Unaudited Accounts
for the period
28 April 2022 to 30 April 2023
IDS Plant Ltd
Balance Sheet
as at 30 April 2023
Notes
2023
£
Fixed assets
Tangible assets 3 161,200
161,200
Current assets
Debtors 4 55,401
Cash at bank and in hand 36
55,437
Creditors: amounts falling due within one year 5 (57,697)
Net current assets / (liabilities) (2,260)
Total assets less current liabilities 158,940
Creditors: amounts falling due after more than one year 6 (181,350)
Provisions for liabilities (0)
Accruals and deferred income (9,000)
Total net assets (liabilities) (31,410)
Capital and reserves
Called up share capital 7 400
Profit and loss account (31,810)
Shareholders' funds (31,410)

IDS Plant Ltd
Balance Sheet
as at 30 April 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 30 April 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.

Signed on behalf of the board of directors

...............................

Mr R Crowe

Director


Approved by the board on 22 February 2024

Company Number: 14075454 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

85 Great Portland Street
First Floor
London
W1W 7LT
England

IDS Plant Ltd
Notes to the Accounts
for the period 28 April 2022 to 30 April 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future. However, the company has ceased trading and will be liquidated.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer refunds and other similar allowances. Revenue from the sale of services is recognised when services are provided.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Plant & machinery 20% Straight Line
Leases and hire purchase contracts
Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are are included in creditors net of finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2023
Average number of employees during the period 0

3. Tangible fixed assets
Plant & machinery Total
Cost or valuation £ £
Additions 201,500 201,500
At 30 April 2023 201,500 201,500
Depreciation
Charge for the period 40,300 40,300
At 30 April 2023 40,300 40,300
Net book value
At 30 April 2023 161,200 161,200
At 27 April 2022 0 0

4. Debtors
2023
£
Trade debtors 19,056
Other debtors 36,345
55,401

5. Creditors: amounts falling due within one year
2023
£
Other creditors 57,697
57,697

6. Creditors: amounts falling due after one year
2023
£
Other 181,350
181,350

Other creditors is a hire purchase liability.


7. Share capital
2023
£
Allotted, called up and fully paid:
400 Ordinary shares of £1.00 each 400
400

During the period 400 Ordinary shares were issued. The aggregate nominal value of these shares was £400 and the consideration received was £400.


8. Related party disclosures

During the period of accounts a transaction occurred between this company and a related party, Infrastructure Delivery Services Ltd. The relationship between the parties is that there is a common director. The related party loaned money to the company. Also, the company made sales of £11,766 to the related party. At the balance sheet date the related party owed the company £53,250.

During the period of accounts a transaction occurred between this company and a related party, Gas and Facilities (London) Ltd. The relationship between the parties is that there is a common director. At the balance sheet date the related party owed the company £4,447.