0 31/07/2023 2023-07-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-07-15 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 14236135 2022-07-15 2023-07-31 14236135 2023-07-31 14236135 bus:RegisteredOffice 2022-07-15 2023-07-31 14236135 bus:Director1 2022-07-15 2023-07-31 14236135 bus:Director2 2022-07-15 2023-07-31 14236135 core:ShareCapital 2022-07-15 2023-07-31 14236135 core:RetainedEarningsAccumulatedLosses 2022-07-15 2023-07-31 14236135 core:WithinOneYear 2023-07-31 14236135 core:ShareCapital 2023-07-31 14236135 core:RetainedEarningsAccumulatedLosses 2023-07-31 14236135 bus:SmallEntities 2022-07-15 2023-07-31 14236135 bus:AuditExempt-NoAccountantsReport 2022-07-15 2023-07-31 14236135 bus:FullAccounts 2022-07-15 2023-07-31 14236135 bus:SmallCompaniesRegimeForAccounts 2022-07-15 2023-07-31 14236135 bus:PrivateLimitedCompanyLtd 2022-07-15 2023-07-31
Company registration number: 14236135
Ikigai Italia Limited
Unaudited filleted financial statements
31 July 2023
Ikigai Italia Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Ikigai Italia Limited
Directors and other information
Directors Miss Helena Anderson (Appointed 15 July 2022)
Mr Roberto Castiglioni (Appointed 15 July 2022)
Company number 14236135
Registered office 104 Old Ford Road
London
E2 9PW
Ikigai Italia Limited
Statement of financial position
31 July 2023
31/07/23
Note £ £
Current assets
Debtors 4 26,514
Cash at bank and in hand 18
_______
26,532
Creditors: amounts falling due
within one year 5 ( 7,805)
_______
Net current assets 18,727
_______
Total assets less current liabilities 18,727
_______
Net assets 18,727
_______
Capital and reserves
Called up share capital 20,000
Profit and loss account ( 1,273)
_______
Shareholders funds 18,727
_______
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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 March 2024 , and are signed on behalf of the board by:
Miss Helena Anderson
Director
Company registration number: 14236135
Ikigai Italia Limited
Statement of changes in equity
Period ended 31 July 2023
Called up share capital Profit and loss account Total
£ £ £
At 15 July 2022 - - -
Loss for the period ( 1,273) ( 1,273)
_______ _______ _______
Total comprehensive income for the period - ( 1,273) ( 1,273)
Issue of shares 20,000 20,000
_______ _______ _______
Total investments by and distributions to owners 20,000 - 20,000
_______ _______ _______
At 31 July 2023 20,000 ( 1,273) 18,727
_______ _______ _______
Ikigai Italia Limited
Notes to the financial statements
Period ended 31 July 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 104 Old Ford Road, London, E2 9PW.
The company was incorporated on 15 July 2022.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually are grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Debtors
31/07/23
£
Other debtors 26,514
_______
5. Creditors: amounts falling due within one year
31/07/23
£
Other creditors 7,805
_______