Registered number: 09612506

Ideal It Solutions Ltd
Unaudited Financial Statements
for the year ended 31 May 2024

Statement of Financial Position

as at 31 May 2024

  2024
2023
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  694  
 
  1,195  
Current assets  
106,942    
 
85,922    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 7,910 )  
 
( 2,528 )  
Net current assets (liabilities)  
  99,032  
 
  83,394  
Total assets less current liabilities  
  99,726  
 
  84,589  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  -  
 
  -  
Net assets  
  99,726  
 
  84,589  
   
Capital and reserves  
  99,726  
 
  84,589  

xbrli:pure 09612506 2023-06-01 2024-05-31 09612506 2022-06-01 2023-05-31 09612506 2024-05-31 09612506 2023-05-31 09612506 2023-06-01 09612506 uk-frs102:WithinOneYear 2024-05-31 09612506 uk-frs102:AfterOneYear 2024-05-31 09612506 uk-frs102:WithinOneYear 2023-05-31 09612506 uk-frs102:AfterOneYear 2023-05-31 09612506 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09612506 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09612506 uk-bus:Director1 1 2023-06-01 2024-05-31 09612506 uk-bus:Director2 2 2023-06-01 2024-05-31 09612506 uk-bus:Director1 2023-06-01 2024-05-31 09612506 uk-bus:Director2 2023-06-01 2024-05-31 09612506 uk-bus:Director1 1 2023-06-01 09612506 uk-bus:Director2 2 2023-06-01 09612506 uk-bus:Director1 1 2024-05-31 09612506 uk-bus:Director2 2 2024-05-31 09612506 uk-bus:Micro-entities 2023-06-01 2024-05-31 09612506 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 iso4217:GBP 09612506 countries:EnglandWales 2023-06-01 2024-05-31 09612506 uk-bus:RegisteredOffice 2023-06-01 2024-05-31

Footnotes to the Statement of Financial Position

Sadia Sajid Sajid Habib

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 2.

3. Directors’ benefits: advances, credit and guarantees

Sajid Habib

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £1,323 by Sajid Habib, a director of the company, on 01/06/2023.

During the accounting year the maximum amount repayable to Sajid Habib was £9,760

The following conditions are attached to amount payable to Sajid Habib:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/06/2023 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/05/2024
£ £ £ £ £ £ £
150   ( 11,500 )
( 11,500 )
12,673
12,673  
0 0 0 1,323  

Sadia Sajid

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £1,887 by Sadia Sajid, a director of the company, on 01/06/2023.

During the accounting year the maximum amount repayable to Sadia Sajid was £1,887

The following conditions are attached to amount payable to Sadia Sajid:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/06/2023 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/05/2024
£ £ £ £ £ £ £
1,425   ( 2,095 )
( 2,095 )
2,557
2,557  
0 0 0 1,887  

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/05/2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 09612506

c) The company is a private company and is limited by shares

d) The companies registered office address is 48 Boden Road, Birmingham, B28 9DL, England



Approved by the board of directors and signed on behalf of the board,

Ideal It Solutions Ltd
Director Sajid Habib
Date of approval: 31/08/2024
The company was trading for the entire period 2023-06-01 2024-05-31 2024-05-31 software development 2024-08-31 2024-08-31