Company Registration No. 10469814 (England and Wales)
Ignata Properties Limited
Unaudited accounts
for the year ended 30 November 2023
Ignata Properties Limited
Unaudited accounts
Contents
Ignata Properties Limited
Company Information
for the year ended 30 November 2023
Directors
Natali Flamarique-Amado
Ignacio Jose Buch-Herrero
Company Number
10469814 (England and Wales)
Registered Office
198 Iveson Drive
Leeds
West Yorkshire
LS16 6PA
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Ignata Properties Limited
Accountants' report
Accountants' report to the board of directors of Ignata Properties Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ignata Properties Limited for the year ended
30 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ignata Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ignata Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ignata Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ignata Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Ignata Properties Limited. You consider that Ignata Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ignata Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
25 June 2024
Ignata Properties Limited
Statement of financial position
as at 30 November 2023
Investment property
145,000
158,000
Cash at bank and in hand
149
1,207
Creditors: amounts falling due within one year
(37,089)
(32,556)
Net current liabilities
(36,940)
(31,349)
Total assets less current liabilities
108,060
126,651
Creditors: amounts falling due after more than one year
(96,593)
(96,593)
Called up share capital
100
100
Revaluation reserve
41,535
54,535
Profit and loss account
(30,168)
(24,577)
Shareholders' funds
11,467
30,058
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Natali Flamarique-Amado
Director
Company Registration No. 10469814
Ignata Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
Ignata Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10469814. The registered office is 198 Iveson Drive, Leeds, West Yorkshire, LS16 6PA, England.
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 remained unchanged from the previous year, and also 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 December 2022
158,000
Net loss from fair value adjustments
(13,000)
At 30 November 2023
145,000
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
34,971
32,138
6
Creditors: amounts falling due after more than one year
2023
2022
Aggregate of amounts that fall due for payment after five years
96,593
96,593
7
Transactions with related parties
At the year end, the directors were owed £34,972 (2022 - £30,139). No interest has been charged for the period (2022 - £2,000).
Ignata Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).