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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
Page
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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
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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
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Ignata Properties Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
145,000 
158,000 
Current assets
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)
Net assets
11,467 
30,058 
Capital and reserves
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
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Ignata Properties Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2023 
£ 
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 
£ 
£ 
Other creditors
2,118 
418 
Loans from directors
34,971 
32,138 
37,089 
32,556 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
96,593 
96,593 
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).
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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).
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