Company Registration No. 14239443 (England and Wales)
I.P Improvements Ltd
Unaudited accounts
for the period from 18 July 2022 to 31 July 2023
I.P Improvements Ltd
Unaudited accounts
Contents
I.P Improvements Ltd
Company Information
for the period from 18 July 2022 to 31 July 2023
Company Number
14239443 (England and Wales)
Registered Office
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
I.P Improvements Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
13,143
Creditors: amounts falling due within one year
(22,858)
Net current liabilities
(3,855)
Called up share capital
10
Profit and loss account
2,885
For the period ending 31 July 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 1 September 2023 and were signed on its behalf by
Ian Pacey
Director
Company Registration No. 14239443
I.P Improvements Ltd
Notes to the Accounts
for the period from 18 July 2022 to 31 July 2023
I.P Improvements Ltd is a private company, limited by shares, registered in England and Wales, registration number 14239443. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, United Kingdom.
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 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:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Charge for the period
2,250
Amounts falling due within one year
I.P Improvements Ltd
Notes to the Accounts
for the period from 18 July 2022 to 31 July 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
7,905
7
Average number of employees
During the period the average number of employees was 2.