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REGISTERED NUMBER: 12317851 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

IONISKE COLLECTION LTD

IONISKE COLLECTION LTD (REGISTERED NUMBER: 12317851)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023










Page

Statement of Financial Position 1


IONISKE COLLECTION LTD (REGISTERED NUMBER: 12317851)

STATEMENT OF FINANCIAL POSITION
30 November 2023

30.11.23 30.11.22
£    £    £    £   
FIXED ASSETS 407,940 543,977

CURRENT ASSETS 8,148 10,516

CREDITORS
Amounts falling due within one year (291,874 ) (123,240 )
NET CURRENT LIABILITIES (283,726 ) (112,724 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,214

431,253

CREDITORS
Amounts falling due after more than one
year

294,525

564,296
NET LIABILITIES (170,311 ) (133,043 )

CAPITAL AND RESERVES (170,311 ) (133,043 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Ioniske Collection Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12317851

Registered office: 38a Dyke Road Avenue
Brighton
Sussex
BN1 5LE

The presentation currency of the financial statements is the Pound Sterling (£).


2. SECURITY

Bank loans are secured by registered charges against the company's investment properties.

3. AVERAGE NUMBER OF EMPLOYEES

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

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 30 November 2023 the company owed the director the sum of £286,552 (2022 - £117,241). This loan is interest free and has no fixed repayment date.

5. GOING CONCERN

At the year end, the company's current liabilities exceeded the current assets by £283,726 (2022 - £112,724). The accounts have still been completed on the going concern basis as the director has given his assurances that he will continue to financially support the company as and when required.



IONISKE COLLECTION LTD (REGISTERED NUMBER: 12317851)

STATEMENT OF FINANCIAL POSITION - continued
30 November 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





A Rafiq - Director