2022-11-012023-10-312023-10-31false12946570IRA DISTRIBUTORS LTD2024-07-2646180iso4217:GBPxbrli:pure129465702022-11-01129465702023-10-31129465702022-11-012023-10-31129465702021-11-01129465702022-10-31129465702021-11-012022-10-3112946570bus:SmallEntities2022-11-012023-10-3112946570bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112946570bus:FullAccounts2022-11-012023-10-3112946570bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112946570core:WithinOneYear2023-10-3112946570core:AfterOneYear2023-10-3112946570core:WithinOneYear2022-10-3112946570core:AfterOneYear2022-10-3112946570core:ShareCapital2023-10-3112946570core:SharePremium2023-10-3112946570core:RevaluationReserve2023-10-3112946570core:OtherReservesSubtotal2023-10-3112946570core:RetainedEarningsAccumulatedLosses2023-10-3112946570core:ShareCapital2022-10-3112946570core:SharePremium2022-10-3112946570core:RevaluationReserve2022-10-3112946570core:OtherReservesSubtotal2022-10-3112946570core:RetainedEarningsAccumulatedLosses2022-10-3112946570core:LandBuildings2023-10-3112946570core:PlantMachinery2023-10-3112946570core:Vehicles2023-10-3112946570core:FurnitureFittings2023-10-3112946570core:OfficeEquipment2023-10-3112946570core:NetGoodwill2023-10-3112946570core:IntangibleAssetsOtherThanGoodwill2023-10-3112946570core:ListedExchangeTraded2023-10-3112946570core:UnlistedNon-exchangeTraded2023-10-3112946570core:LandBuildings2022-10-3112946570core:PlantMachinery2022-10-3112946570core:Vehicles2022-10-3112946570core:FurnitureFittings2022-10-3112946570core:OfficeEquipment2022-10-3112946570core:NetGoodwill2022-10-3112946570core:IntangibleAssetsOtherThanGoodwill2022-10-3112946570core:ListedExchangeTraded2022-10-3112946570core:UnlistedNon-exchangeTraded2022-10-3112946570core:LandBuildings2022-11-012023-10-3112946570core:PlantMachinery2022-11-012023-10-3112946570core:Vehicles2022-11-012023-10-3112946570core:FurnitureFittings2022-11-012023-10-3112946570core:OfficeEquipment2022-11-012023-10-3112946570core:NetGoodwill2022-11-012023-10-3112946570core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112946570core:ListedExchangeTraded2022-11-012023-10-3112946570core:UnlistedNon-exchangeTraded2022-11-012023-10-3112946570core:MoreThanFiveYears2022-11-012023-10-3112946570core:Non-currentFinancialInstruments2023-10-3112946570core:Non-currentFinancialInstruments2022-10-3112946570dpl:CostSales2022-11-012023-10-3112946570dpl:DistributionCosts2022-11-012023-10-3112946570core:LandBuildings2022-11-012023-10-3112946570core:PlantMachinery2022-11-012023-10-3112946570core:Vehicles2022-11-012023-10-3112946570core:FurnitureFittings2022-11-012023-10-3112946570core:OfficeEquipment2022-11-012023-10-3112946570dpl:AdministrativeExpenses2022-11-012023-10-3112946570core:NetGoodwill2022-11-012023-10-3112946570core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112946570dpl:GroupUndertakings2022-11-012023-10-3112946570dpl:ParticipatingInterests2022-11-012023-10-3112946570dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112946570core:ListedExchangeTraded2022-11-012023-10-3112946570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112946570core:UnlistedNon-exchangeTraded2022-11-012023-10-3112946570dpl:CostSales2021-11-012022-10-3112946570dpl:DistributionCosts2021-11-012022-10-3112946570core:LandBuildings2021-11-012022-10-3112946570core:PlantMachinery2021-11-012022-10-3112946570core:Vehicles2021-11-012022-10-3112946570core:FurnitureFittings2021-11-012022-10-3112946570core:OfficeEquipment2021-11-012022-10-3112946570dpl:AdministrativeExpenses2021-11-012022-10-3112946570core:NetGoodwill2021-11-012022-10-3112946570core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3112946570dpl:GroupUndertakings2021-11-012022-10-3112946570dpl:ParticipatingInterests2021-11-012022-10-3112946570dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3112946570core:ListedExchangeTraded2021-11-012022-10-3112946570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3112946570core:UnlistedNon-exchangeTraded2021-11-012022-10-3112946570core:NetGoodwill2023-10-3112946570core:IntangibleAssetsOtherThanGoodwill2023-10-3112946570core:LandBuildings2023-10-3112946570core:PlantMachinery2023-10-3112946570core:Vehicles2023-10-3112946570core:FurnitureFittings2023-10-3112946570core:OfficeEquipment2023-10-3112946570core:AfterOneYear2023-10-3112946570core:WithinOneYear2023-10-3112946570core:ListedExchangeTraded2023-10-3112946570core:UnlistedNon-exchangeTraded2023-10-3112946570core:ShareCapital2023-10-3112946570core:SharePremium2023-10-3112946570core:RevaluationReserve2023-10-3112946570core:OtherReservesSubtotal2023-10-3112946570core:RetainedEarningsAccumulatedLosses2023-10-3112946570core:NetGoodwill2022-10-3112946570core:IntangibleAssetsOtherThanGoodwill2022-10-3112946570core:LandBuildings2022-10-3112946570core:PlantMachinery2022-10-3112946570core:Vehicles2022-10-3112946570core:FurnitureFittings2022-10-3112946570core:OfficeEquipment2022-10-3112946570core:AfterOneYear2022-10-3112946570core:WithinOneYear2022-10-3112946570core:ListedExc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IRA DISTRIBUTORS LTD

Registered Number
12946570
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

IRA DISTRIBUTORS LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

STARR, Ronnie

Registered Address

85 First Floor Great Portland Street
London
W1W 7LT

Registered Number

12946570 (England and Wales)
IRA DISTRIBUTORS LTD
Statement of Financial Position
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3415632
415632
Current assets
Stocks4-12,717
Debtors-1,644
Cash at bank and on hand261,646
2616,007
Creditors amounts falling due within one year5(69,840)(10,669)
Net current assets (liabilities)(69,814)5,338
Total assets less current liabilities(69,399)5,970
Net assets(69,399)5,970
Capital and reserves
Called up share capital11
Profit and loss account(69,400)5,969
Shareholders' funds(69,399)5,970
The financial statements were approved and authorised for issue by the Director on 26 July 2024, and are signed on its behalf by:
STARR, Ronnie
Director
Registered Company No. 12946570
IRA DISTRIBUTORS LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
The company continues to adopt a going concern basis in preparing its financial statements.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 November 22650650
At 31 October 23650650
Depreciation and impairment
At 01 November 221818
Charge for year217217
At 31 October 23235235
Net book value
At 31 October 23415415
At 31 October 22632632
4.Stocks

2023

2022

££
Other stocks-12,717
Total-12,717
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables19,268-
Taxation and social security46,8923,905
Other creditors1,6685,614
Accrued liabilities and deferred income2,0121,150
Total69,84010,669
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.