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REGISTERED NUMBER: 08745092 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

IDL AUTHOR LIMITED

IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IDL AUTHOR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: S Carle
M Lumbis
Ms S M Graves
R M Brown
A J Montilla Barranco





REGISTERED OFFICE: First Floor
17 Blackfriars Lane
London
EC4V 6ER





REGISTERED NUMBER: 08745092 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 495 661

CURRENT ASSETS
Debtors 5 71,200 78,515
Cash at bank and in hand 116 102
71,316 78,617
CREDITORS
Amounts falling due within one year 6 (167,322 ) (154,065 )
NET CURRENT LIABILITIES (96,006 ) (75,448 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(95,511

)

(74,787

)

CREDITORS
Amounts falling due after more than one
year

7

(20,000

)

(26,000

)
NET LIABILITIES (115,511 ) (100,787 )

CAPITAL AND RESERVES
Called up share capital 111 111
Retained earnings (115,622 ) (100,898 )
SHAREHOLDERS' FUNDS (115,511 ) (100,787 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)

BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





M Lumbis - Director


IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

IDL Author Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 September 2022
and 31 August 2023 2,623
DEPRECIATION
At 1 September 2022 1,962
Charge for year 166
At 31 August 2023 2,128
NET BOOK VALUE
At 31 August 2023 495
At 31 August 2022 661

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15 7,890
Other debtors 560 -
Amounts due from associated
undertakings 70,625 70,625
71,200 78,515

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 8,803 5,288
Corporation tax 33,548 33,548
Social security and other taxes 8,409 7,286
Other creditors 3,989 3,988
Amounts due to group
undertakings 41,960 34,586
Directors' current accounts 2,600 2,601
Accruals and deferred income 60,013 58,768
167,322 154,065

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans due between
1 & 2 years 8,000 8,000
Bank loans due between
2 & 5 years 12,000 18,000
20,000 26,000

IDL AUTHOR LIMITED (REGISTERED NUMBER: 08745092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is IDL H2 Ltd.