IP WHOLESALE LIMITED

Company Registration Number:
09070835 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

IP WHOLESALE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Additional notes
Balance sheet notes

IP WHOLESALE LIMITED

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 5,724 8,069
Investments:   0 0
Total fixed assets: 5,724 8,069
Current assets
Stocks:   0 0
Debtors: 4 58,762 38,154
Cash at bank and in hand: 23,051 19,704
Investments:   0 0
Total current assets: 81,813 57,858
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 53,657 ) ( 42,108 )
Net current assets (liabilities): 28,156 15,750
Total assets less current liabilities: 33,880 23,819
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 33,880 23,819
Capital and reserves
Called up share capital: 3 3
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 33,877 23,816
Total Shareholders' funds: 33,880 23,819

The notes form part of these financial statements

IP WHOLESALE LIMITED

Balance sheet statements

For the year ending 30 June 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 May 2024
and signed on behalf of the board by:

Name: O WOODS
Status: Director

The notes form part of these financial statements

IP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

IP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 25,062 25,062
Additions
Disposals
Revaluations
Transfers
At 30 June 2023 25,062 25,062
Depreciation
At 1 July 2022 16,993 16,993
Charge for year 2,345 2,345
On disposals
Other adjustments
At 30 June 2023 19,338 19,338
Net book value
At 30 June 2023 5,724 5,724
At 30 June 2022 8,069 8,069

IP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
£ £
Trade debtors 58,762 38,154
Total 58,762 38,154

IP WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 44,291 32,598
Taxation and social security 7,852 8,285
Other creditors 1,514 1,225
Total 53,657 42,108