Acorah Software Products - Accounts Production 15.0.600 false true false 1 June 2023 31 December 2023 31 December 2023 14628464 Mr Peter Healey Mr Patrick Munte Mr Martin Herrington Mr Ian Edwards IP Specialities LLC 3536 Edwards Road, Cincinnati, Ohio, 45208 USA true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14628464 2023-05-31 14628464 2023-12-31 14628464 2023-06-01 2023-12-31 14628464 frs-core:CurrentFinancialInstruments 2023-12-31 14628464 frs-core:ShareCapital 2023-12-31 14628464 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14628464 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2023-12-31 14628464 frs-bus:FilletedAccounts 2023-06-01 2023-12-31 14628464 frs-bus:SmallEntities 2023-06-01 2023-12-31 14628464 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2023-12-31 14628464 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2023-12-31 14628464 1 2023-06-01 2023-12-31 14628464 frs-bus:Director1 2023-06-01 2023-12-31 14628464 frs-bus:Director2 2023-06-01 2023-12-31 14628464 frs-bus:Director3 2023-06-01 2023-12-31 14628464 frs-bus:Director4 2023-06-01 2023-12-31 14628464 frs-countries:EnglandWales 2023-06-01 2023-12-31
Registered number: 14628464
IP Specialities (UK) Ltd
Financial Statements
For the Period 1 June 2023 to 31 December 2023
H H Accountants Limited
Chartered Certified Accountants
Maple House Business Centre
23 Watergate Row
Chester
Cheshire
CH1 2LE
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14628464
31 December 2023
Notes £ £
CURRENT ASSETS
Debtors 4 13,536
Cash at bank and in hand 383
13,919
Creditors: Amounts Falling Due Within One Year 5 (21,220 )
NET CURRENT ASSETS (LIABILITIES) (7,301 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,301 )
NET LIABILITIES (7,301 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (7,401 )
SHAREHOLDERS' FUNDS (7,301)
Page 1
Page 2
For the period ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Peter Healey
Director
10th January 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
IP Specialities (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14628464 . The registered office is Maple House Business Centre, 23 Watergate Row South, Chester, Cheshire, CH1 2LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from tthe supply of consultancy services and commissions earned from contracts achieved.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
4. Debtors
31 December 2023
£
Due within one year
Prepayments and accrued income 13,319
Other debtors 217
13,536
5. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Other creditors 5,217
Accruals and deferred income 16,003
21,220
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Page 4
6. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
7. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is IP Specialities LLC . IP Specialities LLC was incorporated in United States of America.. Copies of the group accounts may be obtained from the secretary, 3536 Edwards Road, Cincinnati, Ohio, 45208 USA . The ultimate controlling party is IP Specialities LLC who controls 100% of the shares of IP Specialities (UK) Ltd .
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