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REGISTERED NUMBER: 07254009 (England and Wales)















IFTHENELSE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






IFTHENELSE LIMITED (REGISTERED NUMBER: 07254009)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IFTHENELSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: J Williford





REGISTERED OFFICE: Flat 178 Sienna Alto
2 Cornmill Lane
London
London
SE13 7GG





REGISTERED NUMBER: 07254009 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

IFTHENELSE LIMITED (REGISTERED NUMBER: 07254009)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 421 562

CURRENT ASSETS
Debtors 5 1 1
Cash at bank 110,896 110,587
110,897 110,588
CREDITORS
Amounts falling due within one year 6 (11,999 ) (10,940 )
NET CURRENT ASSETS 98,898 99,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,319

100,210

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 99,318 100,209
SHAREHOLDERS' FUNDS 99,319 100,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 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 director and authorised for issue on 15 August 2024 and were signed by:





J Williford - Director


IFTHENELSE LIMITED (REGISTERED NUMBER: 07254009)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Ifthenelse 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixture & Computer
Fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 393 2,362 2,755
DEPRECIATION
At 1 June 2023 341 1,852 2,193
Charge for year 13 128 141
At 31 May 2024 354 1,980 2,334
NET BOOK VALUE
At 31 May 2024 39 382 421
At 31 May 2023 52 510 562

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Sundry debtors 1 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation Tax 59 -
Directors' current accounts 11,340 10,340
Accrued expenses 600 600
11,999 10,940