ILG (London) Nominee 2 Limited 11937357 true 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is Dormant Company Digita Accounts Production Advanced 6.30.9574.0 true A Mehta false true 11937357 2022-09-01 2023-08-31 11937357 2023-08-31 11937357 core:ShareCapital 2023-08-31 11937357 core:CurrentFinancialInstruments 2023-08-31 11937357 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 11937357 bus:FRS102 2022-09-01 2023-08-31 11937357 bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 11937357 bus:FullAccounts 2022-09-01 2023-08-31 11937357 bus:RegisteredOffice 2022-09-01 2023-08-31 11937357 bus:Director1 2022-09-01 2023-08-31 11937357 bus:EntityHasNeverTraded 2022-09-01 2023-08-31 11937357 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11937357 countries:EnglandWales 2022-09-01 2023-08-31 11937357 core:CostValuation 2022-08-31 11937357 2021-09-01 2022-08-31 11937357 2022-08-31 11937357 core:ShareCapital 2022-08-31 11937357 core:CurrentFinancialInstruments 2022-08-31 11937357 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 11937357

ILG (London) Nominee 2 Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

ILG (London) Nominee 2 Limited

Contents

Company Information

1

Income Statement

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 6

 

ILG (London) Nominee 2 Limited

Company Information

Director

A Mehta

Registered office

Georgian House
Park Lane
Stanmore
Middlesex
HA7 3HD

Accountants

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

 

ILG (London) Nominee 2 Limited

Income Statement for the Year Ended 31 August 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

ILG (London) Nominee 2 Limited

(Registration number: 11937357)
Statement of Financial Position as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

200

200

Current assets

 

Debtors

5

1

1

Creditors: Amounts falling due within one year

6

(200)

(200)

Net current liabilities

 

(199)

(199)

Net assets

 

1

1

Capital and reserves

 

Called up share capital

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved and authorised by the director on 2 April 2024
 

.........................................
A Mehta
Director

   
     
 

ILG (London) Nominee 2 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Georgian House
Park Lane
Stanmore
Middlesex
HA7 3HD
England

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

ILG (London) Nominee 2 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

ILG (London) Nominee 2 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

4

Investments

2023
£

2022
£

Investments in subsidiaries

200

200

Subsidiaries

£

Cost or valuation

At 1 September 2022

200

Provision

Carrying amount

At 31 August 2023

200

At 31 August 2022

200

5

Debtors

Current

2023
£

2022
£

Other debtors

1

1

 

1

1

6

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

200

200